HMRC have announced what the penalties for deliberate errors for claims under the Coronavirus Job Retention Scheme and also for claims made but payments not made to employees.

We wanted to take this opportunity to remind all clients that we are currently submitting furlough claims for, we need to know on or before the day that the employee returns to work that they have done so.

If an error is not notified to HMRC within 30 days of an incorrect claim, the penalty imposed will be between 30% and 100% of the incorrect grant amount claimed in addition to the incorrect grant amount, if a voluntary disclosure is made. Where HMRC prompts the disclosure, the penalty will be between 50% and 100% of the incorrect grant amount in addition to the incorrect grant amount

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