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Accounting for SEISS grants

by | May 19, 2021 | business taxation, Covid19

We’ve had some queries about how SEISS grants are taxed.  Here is a summary. First they go on your return separately – in box 27.1 if you use the Short SA103, or box 70.1 if you use the full form.  See Tax returns forms updated for Covid grants Secondly,...

Restart Grants – April 2021

by | Mar 18, 2021 | budget, business issues, Covid19

In Spring Budget 2021 the Chancellor announced Restart Grants for certain businesses closed during lockdown.  Details were published on 17th March 2021, in the form of Guidance for Local Authorities The pertinent details are: 1 – Available to businesses who pay...