CJRS | Errors and Fraudulent Claims

Under the new legislation, HMRC have the power to investigate erroneous and fraudulent CJRS claims.

You must notify HMRC if you wrongly received the grant and have not repaid it:

  • 90 days after the date you received the grant you were not entitled to

  • 90 days after the date you received the grant that you were no longer entitled to keep because your circumstances changed

  • 20 October 2020

Full repayment of claims which companies were not entitled to must be fully repaid within 12 months from the end of your accounting period.

Directors of the companies which became insolvent may be personally liable if they knew the company was not entitled to the grant at the time or the grant was not used for intended purposes.

Rules for sole traders and partnerships are similar but please further details HERE.

Any questions, please let us know.

The information provided in this article is not intended to constitute legal advice and you should take full and comprehensive legal advice on your individual circumstances by a fully qualified Solicitor before you embark on any course of action.

Irina Inayat

Penn Accounts

0207 183 6623

Penn Group (Holdings) Limited. Registered in England and Wales: 06242712. A list of directors is available for inspection at the registered offices at 13 Austin Friars London EC2N 2HE. 

Each company within Penn Group is a limited company, a separate business entity and regulated by a different regulatory body; full details of which can be found here.

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