The Express reports that HMRC is writing to selected Coronavirus Jobs Retention Scheme (CJRS) claimants who HMRC thinks may have over claimed based on the information HMRC has.
HMRC acknowledged that mistakes happen, particularly during this challenging time.
HMRC will also write to around 3,000 selected employers a week, to ask them to check their claims.
Those who receive a letter may want to note some key dates.
HMRC says the deadline to notify HMRC is the latest of the following:
- 90 days of receiving the CJRS money they’re not entitled to
- 90 days of when circumstances changed so that they were no longer entitled to keep the CJRS grant
- October 20 2020 if they received CJRS money they’re not entitled to, or if their circumstances changed, on or before 22 July.
Tax does have to be taxing.
Tax Investigation Insurance
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Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.
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- Attend any meeting with HMRC
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- Premiums are Annual Premiums.
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