Category Archives: COVID19 Support

HMRC will need additional authorisation to discuss SEISS (the Self Employed Income Support Scheme) grants with your accountant if you wish them to do so. They say this is because the existing process – the 64-8 agent authorisation – was not designed to cover the support provided in response to coronavirus, such as SEISS grants, […]

Do you know what the requirements are in terms of reporting Covid support grants on your tax return?  If not, this very brief summary of the latest information will hopefully help. As Covid support grants are taxable, if you claimed them they need to be declared on your company tax return (CT600). If you need […]

Do you know what the requirements are in terms of reporting SEISS grants on your tax return?  If not, this very brief summary of the latest information will hopefully help. As Self-Employment Income Support Scheme (SEISS) grants are taxable, if you claimed them they need to be declared on your tax return. Advice for partnerships […]

Do you know what the requirements are in terms of reporting coronavirus grants on your tax return?  If not, this very brief summary of the latest information will hopefully help Grants to support businesses and self-employed people during the pandemic are taxable. So, If you have claimed Coronavirus Job Retention grants, or other COVID grants, […]

September saw the end of the Coronavirus Job Retention Scheme (CJRS) and the final claims for CJRS need to be submitted by the end of today (14th October 2021) Submit final claims for CJRS The CJRS closed on the 30th of September 2021. If you haven’t submitted your final furlough claim for September yet, you […]

Here are the SEISS latest updates ahead of the 30‌‌th of ‌September deadline to claim the fifth and final Self-Employment Income Support Scheme (SEISS) grant. Preparing turnover figures for the fifth SEISS grant The majority of people applying for the fifth SEISS grant need to tell HMRC their turnover for the: ‘reference period’ (this needs […]

The end of this month see CJRS closing and final claims for September must be made by Thursday ‌14‌‌th of October. Employers can claim 60% of furloughed employees’ usual wages for the hours not worked, up to a cap of £1,875 per month per employee. Yuo’ll need to contribute 20% from your own funds so […]

Here’s an August update on CJRS claims Submit CJRS claims for July Coronavirus Job Retention Scheme claims for July must be made by Monday‌‌ the ‌16‌‌th of August. Employers can claim 70% of furloughed employees’ usual wages for the hours not worked, up to a cap of £2,187.50 per month. They’ll need to pay the […]

Webinars for the fifth Self-Employment Income Support Scheme (SEISS) grant are now available from HMRC. Claiming the the fifth SEISS grant will be possible when the online claims service opens in late J‌ul‌y. From mid-J‌ul‌y, HMRC will be contacting people who may be eligible to let them know their personal claim date You can claim […]

Claiming the the fifth SEISS grant will be possible when the online claims service opens in late J‌ul‌y. From mid-J‌ul‌y, HMRC will be contacting people who may be eligible to let them know their personal claim date. This will be the earliest date they can make their claim. Eligibility for claiming the fifth SEISS grant […]