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CJRS Audit on your furlough payments
6 August 20 | By: Jas Jhooty
Get your CJRS calculations audited to safeguard your organisation from any draconian penalties.
The Government have announced a severe penalty regime for any Coronavirus Job Retention Scheme (CJRS) overclaims, be they inadvertent or deliberate. The rules for claiming CJRS are complicated and mistakes can be easily made.
In a recent CJRS audit that our consultants undertook, we uncovered an underclaim of employer’s NIC of over £5,000 per month because of a simple error in calculating employer funded pay. With the existing rules being amended over the next 3 months while the scheme is being run down, it is very likely that more inadvertent errors may well arise.
For your peace of mind our consultants can audit your past month’s CJRS calculations to give you the assurance that they have either been performed accurately or else identify any underclaims/overclaims that may have accidentally arisen. You will then have enough time to notify HMRC and adjust future claims to CJRS without incurring any penalties.
Please contact us if you are interested in this invaluable service.