HMRC are now writing to more and more sole-traders who have incorrectly claimed any one of the FIVE SEISS (self employment income support scheme) grants during 2020 and 2021 demanding repayment. You should be aware of the conditions for repayment and make the necessary arrangements to repay sooner rather than wait for HMRC to add…
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Got Covid? Had to close? Lost income?
If you or one of your dependents have caught COVID-19 which means you are unable to work, then you could be eligible for a £500 “test & trace” payment. You are eligible if: The £500 does constitute TAXABLE income, so it must be included in your tax return if you’re self-employed. If you’re employed, the…
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