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Deadlines approaching for COVID-19 support schemes

5 October 2020: Two key dates for the Coronavirus Job Retention Scheme (CJRS) and the Self-employment Income Support Scheme are approaching and the deadline for final CJRS claims has been set. ICAEW’s Tax Faculty outlines the impending deadlines.

Self-employment Income Support Scheme (SEISS) 

Claims for the second SEISS grant must be made on or before 19 October 2020.

Overclaimed CJRS and SEISS grants

Businesses must notify HMRC if they have overclaimed a CJRS or SEISS grant and this must be done within 90 days of Royal Assent being given to Finance Act 2020 or 90 days of receipt of the grant, whichever is the later.

For CJRS grants where the recipient ceases to be entitled to retain the payment, the notification deadline is the later of 90 days after ceasing to be entitled to the grant or the two dates mentioned above.

90 days from Royal Assent is 20 October 2020 and the deadline for notifying many grants falls on that date.

Deadline for claiming CJRS grants

The CJRS finishes on 31 October 2020 and all claims must be made by 30 November 2020. Four-weekly payrolls in particular may need to plan very carefully to ensure they meet this deadline.