Payback the overpaid Self Employment Income Support Scheme Grant

HM Revenue and Customs (HMRC) published guidance seeking self-employed individuals to tell HMRC and payback the overpaid Self Employment Income Support Scheme Grant if they received the grants but were not entitled to it.

The Government use the Self Employment Income Support Scheme Grant to support self-employed individuals during this Coronavirus (COVID-19) outbreak.

HMRC is asking you to report any overpaid Self Employed Income Support Scheme grant within the notification period given to avoid penalty. This includes If you received the Self employment income support scheme grant from HMRC but you were not entitled to.

You must pay back the grant you were not entitled to HMRC.

Inform HMRC about the Self Employment Income Support Scheme Grant overpayment

You must notify HMRC within 90 days of you received the grant on or after 22 July 2020 and you have not repaid it.

If you received the grant before 22 July 2020 then you must inform HMRC by 20 October 2020.

Likewise, if you have overclaimed the Coronavirus Job Retention Scheme grant, you must notify HMRC and pay back the money.

Publishing details of deliberate defaulters (PDDD)

HMRC may publish your details on the Publishing details of deliberate defaulters (PDDD) list for deliberately not notify HMRC of the overpaid Self Employed Income Support Scheme Grant. You details will remain online for 12 months. See the factsheets here CC/FS13.

You may check the current PDDD list online here.

Companies House filings during COVID-19 pandemic

Companies House also provide support to UK businesses during COVID-19 pandemic. Your company’s account filing deadline is extended for an additional 3 months. This will help you to avoid a late filing penalty if you are unable to deliver your company accounts on time during this pandemic. You do not need to do anything. You just need to go to Companies House website to check your new filing deadline.

On the same note, you would have 6 weeks to file your confirmation statement. Likewise, for the events driven filings, you will have 42 days (6 weeks) to notify Companies House instead of the usual 14 days filing deadline. For example, you moved to a new office and this office is also your registered office for your company. In this case, you have 6 weeks to notify Companies House.

In addition, Companies House also created an interim paperless filing service to accept documents which would normally require a live signature.

You are encouraged to submit your documents to Companies House digitally. You can use the web filing service to file the following documents to Companies House.

To file online, you would require your company’s authentication code. The authentication code is the electronic equivalent of your company’s director(s) signatures. Keep safe your authentication code.

If you require help with your company’s filings, contact Our accountants. They will be more than happy to assist you.

Overclaimed Coronavirus Job Retention Scheme grants

HM Revenue and Customs (HMRC) published guidance on potential penalties to businesses with overclaimed Coronavirus Job Retention Scheme (CJRS) grants. The Government use the Coronavirus Job Retention Scheme to help businesses to retain their staff during this Coronavirus (COVID-19) outbreak. Sometimes, mistakes could happen.

HMRC is asking you to report any overclaimed CRJS grants within the notification period given to avoid expensive penalty. This includes If you received the CRJS and you were not entitled to.

You must pay back the Coronavirus Job Retension Scheme grants you are not entitled to HMRC.

Report overclaimed Coronavirus Job Retention Scheme grants to HMRC

You must notify HMRC within 90 days of you received the CJRS grants if you have not repaid it.

In some circumstance, you may be entitled to the CJRS grants but later due to change of circumstance you no longer entitled to it, in this instance, you have 90 days to inform HMRC. For example, your furloughed staff left your business for good and you continue to claim the CJRS grants for that staff.

The latest date you must report your overclaimed CJRS grants to HMRC is 20 October 2020.

Likewise, if you have been overpaid under Self Employment Income Support Scheme, you must notify HMRC and pay back the money.

Publishing details of deliberate defaulters (PDDD)

HMRC may publish your details on the Publishing details of deliberate defaulters (PDDD) list for deliberately not notify HMRC of the overclaimed CJRS grants. You details will remain online for 12 months.

You may check the current PDDD list online here.

Companies House filings during COVID-19 pandemic

Companies House also provide support to UK businesses during COVID-19 pandemic. Your company’s account filing deadline is extended for an additional 3 months. This will help you to avoid a late filing penalty if you are unable to deliver your company accounts on time during this pandemic. You do not need to do anything. You just need to go to Companies House website to check your new filing deadline.

On the same note, you would have 6 weeks to file your confirmation statement. Likewise, for the events driven filings, you will have 42 days (6 weeks) to notify Companies House instead of the usual 14 days filing deadline. For example, you moved to a new office and this office is also your registered office for your company. In this case, you have 6 weeks to notify Companies House.

In addition, Companies House also created an interim paperless filing service to accept documents which would normally require a live signature.

You are encouraged to submit your documents to Companies House digitally. You can use the web filing service to file the following documents to Companies House.

To file online, you would require your company’s authentication code. The authentication code is the electronic equivalent of your company’s director(s) signatures. Keep safe your authentication code.

If you require help with your company’s filings, contact Our accountants. They will be more than happy to assist you.

SR01 to Remove a home address

You can apply to Companies House using the form SR01 to remove a home address from the Companies House register. Section 1088 of the Companies Act 2006 allows company director, officer, shareholder (subscriber) and partner of a Limited liability partnership to apply to Companies House to have their home address removed from documents filed for the public inspection.

For this purpose, you must complete the Companies House form SR01. Additionally, you must pay the statutory fee of £32 per document. For example, you can apply to remove your home address as your service address because you are the company director.

You need to specify the document containing your home address in your SR01 form. You can search Companies House register here to find out

There is a circumstance where you cannot ask Companies House to remove your home address from the Companies House register. This is where your home address was used as the registered office address of your LLP or limited company.

Pay Companies House fee

You can pay the £32 fee online here. You will be given a payment reference.

How to submit your SR01 application during COVID-19 pandemic

You can submit your SR01 by post. Or you can email (see below) your completed SR01 with your payment reference.

DSR@companieshouse.gov.uk

Other Companies House filings during COVID-19 pandemic

Companies House also provide other support to UK businesses during COVID-19 pandemic. Your company’s account filing deadline has been extended. This will help you to avoid a late filing penalty if you are unable to deliver your company accounts on time during this pandemic. You do not need to do anything. You just need to go to Companies House website to check your new filing deadline.

On the same note, your confirmation statement filing deadline has also been extended. You would have 6 weeks to file your confirmation statement. Likewise, for the events driven filings, you will have 42 days (6 weeks) to notify Companies House instead of the usual 14 days filing deadline.

In addition, Companies House also created an interim paperless filing service to accept documents which would normally require a live signature.

During this pandemic, you are encouraged to submit your documents online to Companies House. You can use the webfiling service to file the following documents to Companies House.

To file online, you would require your company’s authentication code. The authentication code is the electronic equivalent of your company’s director(s) signatures. Keep safe your authentication code.

If you require help with your company’s filings, contact Our accountants. They will be more than happy to assist you.

Business events and conferences to reopen from 1 October 2020

The Prime Minister, Boris Johnson announced on 17 July 2020 that Business events and conferences to reopen from 1 October 2020 to the public.

From 1 August 2020, the business events and conferences are reopened for the government-endorsed pilots only.

Business events and conferences to reopen from 1 October 2020 must follow the COVID-19 secure measures and guidance.

Companies House filings during COVID-19 pandemic

Companies House also gear up to support UK businesses during COVID-19 pandemic. They will automatically extend your company’s filing deadline. This will help you to avoid a late filing penalty if you are unable to deliver your company accounts on time during this pandemic. You do not need to do anything. You just need to go to Companies House website to check your new filing deadline.

On the same note, your confirmation statement filing deadline will also be extended. You would have 6 weeks to file your confirmation statement. Likewise, for the events driven filings, you will have 42 days (6 weeks) to notify Companies House instead of the usual 14 days filing deadline.

In addition, Companies House also created an interim paperless filing service to accept documents which would normally require a live signature.

During this pandemic, you are encouraged to submit your documents online to Companies House. You can use the webfiling service to file the following documents to Companies House.

To file online, you would require your company’s authentication code. The authentication code is the electronic equivalent of your company’s director(s) signatures. Keep safe your authentication code.

If you require help with your company’s filings, contact Our accountants. They will be more than happy to assist you.

Businesses and venues can reopen from 1 August 2020

The UK government announced on 17 July 2020 more Businesses and venues can reopen from 1 August 2020 in England. These businesses and venues must follow COVID-19 Secure measures.

The following businesses and venues can reopen from Saturday, 1 August 2020.

  • Bowling alleys
  • Indoor skating rinks
  • Casinos
  • Exhibition halls and conference centres (to reopen for government-endorsed pilots only. Reopen to the public from 1 October 2020)

The Government strongly advised these businesses to follow the following guidance:

  • Guidance for providing gym, leisure and sports facilities, the Indoor skating rinks
  • Guidance for people who work in the Exhibition halls and conference centres

Further Guidance for Casinos and bowling alleys will be available shortly.

Companies House filings during COVID-19 pandemic

Companies House also gear up to support UK businesses during COVID-19 pandemic. They will automatically extend your company’s filing deadline. This will help you to avoid a late filing penalty if you are unable to deliver your company accounts on time during this pandemic. You do not need to do anything. You just need to go to Companies House website to check your new filing deadline.

On the same note, your confirmation statement filing deadline will also be extended. You would have 6 weeks to file your confirmation statement. Likewise, for the events driven filings, you will have 42 days (6 weeks) to notify Companies House instead of the usual 14 days filing deadline.

In addition, Companies House also created an interim paperless filing service to accept documents which would normally require a live signature.

During this pandemic, you are encouraged to submit your documents online to Companies House. You can use the webfiling service to file the following documents to Companies House.

To file online, you would require your company’s authentication code. The authentication code is the electronic equivalent of your company’s director(s) signatures. Keep safe your authentication code.

If you require help with your company’s filings, contact Our accountants. They will be more than happy to assist you.

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