HMRC confirms Coronavirus Job Retention Scheme (CJRS) calculator contained a software error in January but has since been rectified

Posted on 11th February 2021 by Streets


Image to represent HMRC confirms Coronavirus Job Retention Scheme (CJRS) calculator contained a software error in January but has since been rectified

How might this affect you?

If you used the CJRS calculator prior to 21 January 2021 to calculate January 2021 claims for employees who are not on a fixed salary you will need to re-calculate your claim if:

  • You used an employee’s pay for January 2019 as reference pay, instead of 2020, and
  • Your employee’s pay was different in January 2019 to January 2020

Where January 2020 pay was used, there is no need for claimants to take any further action.

If, upon performing the re-calculation, it is apparent that the claim amount was incorrect, then:

  • If the claim submitted was more than it should have been, this should be amended in the next CJRS claim submission. Alternatively, HMRC should be notified as soon as possible, and a repayment made either online, through HMRC’s card payment service or by bank transfer.
  • If the claim submitted was less than it should have been, then claimants should call the helpline to get this corrected by 1 March 2021.

No Advice

The content produced and presented by Streets is for general guidance and informational purposes only. It should not be construed as legal, tax, investment, financial or other advice. Furthermore, it should not be considered a recommendation or an offer to sell, or a solicitation of any offer to buy any securities or other form of financial asset. The information provided by Streets is of a general nature and is not specific for any individual or entity. Appropriate and tailored advice or independent research should be obtained before making any such decisions. Streets does not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of obtaining Streets' visual or audible content.

Information

The content used by Streets has been obtained from or is based on sources that we believe to be accurate and reliable. Although reasonable care has been taken in gathering the necessary information, we cannot guarantee the accuracy or completeness of any information we publish and we accept no liability for any errors or omissions in material. You should always seek specific advice prior to making any investment, legal or tax decisions.


Expert insight and news straight
to your inbox

Related Articles


Protect your land and property from fraud

It is important to take the necessary steps to protect your land and property from fraud. You are at a higher risk if: Your identity has been stolen You rent out your property You live abroad The property is empty The property is not


Transfers of assets abroad

A new rule aimed at preventing individuals from using companies to avoid taxes through the Transfer of Assets Abroad (ToAA) provisions applies to income arising to persons abroad on and after 6 April 2024. This change affects UK residents who own or


VAT Flat Rate Scheme overview

The VAT Flat Rate Scheme allows businesses to pay VAT as a fixed percentage of their total turnover, which includes VAT. The applicable percentage varies based on the business type. This scheme is designed to simplify VAT accounting, thereby reducing

You might also be interested in...