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Coronavirus key dates Jul ’20 – Mar ’21

Coronavirus guidelines may be relaxing, but changes to funding support and tax deferrals are expected to stretch to March 2021. The following key dates summary guide lists the deadlines and funding changes to expect over the next seven months.

Coronavirus key dates in 2020

  • 13 July 2020

Applications for the first SEISS grant must be submitted to HMRC by 13 July.

  • 14 July 2020

Second SEISS grants require businesses to confirm that they were adversely affected by COVID-19 to claim. The portal for the second version of SEISS will open in August.

  • 31 July 2020

CJRS v1 furlough claims up to and including 30 June must be submitted to HMRC by 31 July.

The 2019/20 second self-assessment payment on account (POA) of income tax and Class 4 NIC is normally due by this date. However, all such payments are automatically deferred, and taxpayers must pay tax and NIC by 31 January 2021.          

Business rates holiday for private businesses (excluding utilities) in Northern Ireland comes to an end.

  • 1 August 2020

Employees should continue to receive 80% of their usual wages, up to £2,500 per month, for periods when they are furloughed under the Coronavirus Job Retention Scheme (CJRS) version 2. Employers must pay the employer’s class 1 NIC and the employer’s minimum pension contributions into a workplace pension in respect of all wages including furlough wages. Employers must report each employee on furlough the hours worked and the employee’s “usual hours”.

VAT: temporary zero rate reverts to the standard rate for PPE purchased on or after this date.  

  • 31 August 2020

Furlough periods for August must come to an end.

  • 1 September 2020

Employees should receive 80% of their usual wages for periods on furlough, but wages funded by CJRS will drop to 70% of the usual wages up to £2187.50 per month.

Employers must pay the employer’s class 1 NIC and the employer’s minimum workplace pension contributions in respect of all wages paid to the employee including furlough wages.

  • 30 September 2020

Furloughed periods for September 2020 come to an end.

  • 1 October 2020

Employees continue to receive 80% of their usual wages for periods on furlough, but wages paid under CJRS version 2 will drop down to 60% of the usual wages up to £1,875 per month. Employers must pay the employer’s class 1 NIC and the employer’s minimum workplace pension contributions in respect of all wages paid to the employees, including furlough wages.

  • 31 October 2020

All furlough periods must end for all employees.

  • 30 November 2020

All CJRS version 2 claims for furloughed employees must be submitted to HMRC by this date.

  • 31 January 2021

Electronic self-assessment 2019/20 personal tax returns, and any tax returns excluded from online filing for 2019/20, must be filed by this date.

All outstanding self-assessment income tax and class 4 NIC for 2019/ including the POA deferred from 31 July 2020, must be paid. The first POA for 2020/21 must also be paid by this date, calculated as half the 2019/20 liability. Any capital gains tax due for 2019/20 must be paid, or topped-up where a payment on account has already be paid in respect of a residential property disposal.

Coronavirus key dates in 2021

  • 1 March 2021

Domestic reverse charge for VAT relating to certain construction services comes into effect. The commencement was postponed from 1 October 2020 due to the coronavirus pandemic.

  • 31 March 2021

VAT deferred from March to June 2020 must be paid by this date.

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