HMRC have provided a new piece of guidance for employers claiming under the CJRS (or ‘furloughing’), specifically to advise employers how to report the furlough payments through the PAYE real time information (RTI) system.
The guidance covers the different scenarios that are likely to be encountered, i.e. dependent on whether the employer has already paid all, part or none of the employees’ wages at the time the grant is received.
Contents summary:
If you’re using the grant to pay wages If you’re using the grant to reimburse wages already paid If you’re in a different situationTo read the full guidance, follow the link below:
https://www.gov.uk/guidance/reporting-payments-in-paye-real-time-information-from-the-coronavirus-job-retention-scheme
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*This article was originally published on DTE website. To read similar coronavirus updates, pleases visit DTE Covid-19 Business Support Hub.