Coronavirus support payments

As per HMRC:

‘‘Grants and payments from schemes to support businesses during coronavirus (COVID-19) should be included as income when calculating your taxable profits in line with the relevant accounting standards.

If you are completing a company tax return on your client’s behalf, you will need to check the coronavirus grants they received; this is particularly important if another agent made a CJRS claim on their behalf, or they claimed a grant themselves from a local authority or another public body.

Visit GOV.UK to find out if you need to include a COVID-19 grant or support payment on your tax return.’’

Coronavirus Job Retention Scheme (CJRS)

Amount received

Enter the total amount of CJRS payments received in the accounting period covered by this return.

When calculating the amount received, you should not deduct:

  • any amounts which have been voluntarily disclosed to HMRC as CJRS overpayments, whether repaid or not.

  • any amounts that have already been assessed by HMRC, whether the assessment is paid or unpaid.

These amounts should be entered in Overpayments already assessed (see below).

Do not deduct amounts the company received that it was entitled to but repaid voluntarily.

Add back any overpayments of amounts received in an earlier period that have been offset against CJRS payments received in this accounting period.
Amount due

Enter the total amount of CJRS payments received in the accounting period covered by this return which the company was entitled to.

If when the company made the claim, it was entitled to the amount received but was not entitled to retain any amounts at the time the return is made, then do not include such amounts here.

For example, where an amount received had not been used for the required purpose. These amounts should be entered in Overpayments already assessed (see below).

Include amounts the company received that it was entitled to but repaid voluntarily.
Overpayments already assessed

Enter the amount of any CJRS payments received in this accounting period, which at the time of completing this return:

  • have already been assessed by HMRC, whether the assessment is paid or unpaid, or

  • have been voluntarily disclosed to HMRC as CJRS overpayments, whether paid or unpaid. This includes voluntary disclosures for amounts the company was entitled to receive at the time, but not entitled to retain when the return is due. That is, where an amount received had not been used for the required purpose, or

  • have overpayments offset against subsequent CJRS payments received in later accounting periods.

Do not double count amounts e.g. if an assessment is raised on an unpaid voluntary disclosure.

Do not include amounts the company received that it was entitled to but repaid voluntarily, or any overpayments chargeable in the accounting period that have not yet been disclosed to, or assessed by, HMRC.
Amount overpaid

This is calculated as Amount received, less Amount due, less Overpayments already assessed.

It will be added to any other Coronavirus support scheme overpayments and forms part of the company's Self Assessment and will be assessed for Income Tax.

HMRC will provide the reference number and payment details.

This is not Corporation Tax so should not be paid with the main Corporation Tax liability.

Eat Out to Help Out (EOTHO) Scheme

Reimbursed discounts included within taxable income Enter the total value of any EOTHO scheme claims that are reflected in trading turnover for this return period.

Other Coronavirus Overpayments

Amount overpaid

Enter the amount of any overpayments from other Covid support schemes received and not repaid (for the accounting period covered by this return). For example. the Eat Out to Help Out Scheme (EOTHO).

This box should also be used to report CJRS overpayments in respect of amounts received in an earlier accounting period that the company ceased to be entitled to retain in this accounting period.

It will be added to any other Coronavirus support scheme overpayments and forms part of the company's Self Assessment and will be assessed for Income Tax.

This is not Corporation Tax so should not be paid with the main Corporation Tax liability.