Coronavirus Job Retention Scheme: Paying grants back, overclaims and penalties

Full guidance is available on how to pay all or some of your CJRS grant back if you’ve overclaimed, or if you do not need the grant and want to make a voluntary repayment.

If you’ve overclaimed and have not paid HMRC back you must notify HMRC by the latest of either:

  • 90 days after the date you received the grant you were not entitled to
  • 90 days after the date you received the grant that you were no longer entitled to keep because your circumstances changed
  • 20 October 2020

If you do not do this, you may have to pay a penalty.

Full details on all the above can be found at GO.UK

https://www.gov.uk/guidance/pay-coronavirus-job-retention-scheme-grants-back?&utm_source=twitter&utm_medium=social&utm_campaign=covid19&utm_content=jrs_grants_back

Posted on: Wednesday 23rd September 2020