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Author Topic: Help for (some of) the self-employed announcement at last - UK  (Read 32153 times)

EvelynWho

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #360 on: 06 August 2021, 07:26:08 am »
Do you have to log in and apply? Was sure I got an email last time with a link or something ?? Been waiting like a lemon if I just need to log in 😬

EvelynWho

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #361 on: 06 August 2021, 07:36:40 am »
Do you have to log in and apply? Was sure I got an email last time with a link or something ?? Been waiting like a lemon if I just need to log in 😬

I’m such a knob ffs. My date was the 29th as well 😂 just logged into the HMRC account and sorted it, :)

ana30

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #362 on: 08 August 2021, 08:36:40 pm »
You don't have to have submitted a return but you do have to have at least calculated your turnover.

Quick question Caledonia (or anyone who already applied for this last grant), do the COVID grants given to us by HMRC count as part of our 20-21 "turn over"? I read somewhere that once we submit our taxes they will count as part of our gains/turn over but do we need to add them to our 20-21 turnover to apply for this last grant in order to proof gain loss in 20-21?

Thanks everyone, I'm a bit confused with this last grant ???
"Sex work is real work, being a landlord isn't" - Graffitti seen on a wall.

EvelynWho

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #363 on: 08 August 2021, 08:38:15 pm »
Quick question Caledonia (or anyone who already applied for this last grant), do the COVID grants given to us by HMRC count as part of our 20-21 "turn over"? I read somewhere that once we submit our taxes they will count as part of our gains/turn over but do we need to add them to our 20-21 turnover to apply for this last grant in order to proof gain loss in 20-21?

Thanks everyone, I'm a bit confused with this last grant ???

When you apply it will say “turnover not included any covid financial help”

Caledonia

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #364 on: 08 August 2021, 11:12:02 pm »
Quick question Caledonia (or anyone who already applied for this last grant), do the COVID grants given to us by HMRC count as part of our 20-21 "turn over"? I read somewhere that once we submit our taxes they will count as part of our gains/turn over but do we need to add them to our 20-21 turnover to apply for this last grant in order to proof gain loss in 20-21?

Thanks everyone, I'm a bit confused with this last grant ???

When you fill in your return there is a part for any grant amounts received during that tax period, however it is separate from your turnover. So no you don't count them just your actual turnover.

ana30

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #365 on: 29 September 2021, 01:12:54 pm »
Hiya ladies,

I applied for the 5th covid grant two days ago (HMRC told me I was legible) then got an email stating that my grant was being processed but still haven't received the funds.

How long did it take you guys to get the funds? I'm just concerned this is taking much longer than usual.

Thanks,
Ana
"Sex work is real work, being a landlord isn't" - Graffitti seen on a wall.

Lady Frog

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #366 on: 29 September 2021, 01:18:32 pm »
Took 6 days to hit my account, compared to 1-2 days for the previous ones IIRC.
A woman, especially, if she have the misfortune of knowing anything, should conceal it as well as she can. - Jane Austen

ana30

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #367 on: 29 September 2021, 01:33:37 pm »
Took 6 days to hit my account, compared to 1-2 days for the previous ones IIRC.

Thanks ladyfrog!, that makes sense. I was wondering because the other grants took only one day to hit my bank account.
"Sex work is real work, being a landlord isn't" - Graffitti seen on a wall.

Lady Frog

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #368 on: 29 September 2021, 02:15:12 pm »
yep I got an email after 4 days saying they were 'processing' which I don't remember having before so I assumed that just meant there will be a little delay because their system is busy  :)
A woman, especially, if she have the misfortune of knowing anything, should conceal it as well as she can. - Jane Austen

GucciGang

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #369 on: 03 November 2021, 10:21:19 am »
Just to let everyone know this is what they have sent through with regards to adding grants into your tax returns.

Grants you received on or before 5‌‌ ‌April 2021 need to be included in your 2020-21 Self Assessment tax return, due by 31‌‌ ‌January 2022. For most people, this will be the first, second and third SEISS grants.
•   Grants you received on or after 6‌‌ ‌April 2021 need to be included in your 2021-22 Self Assessment tax return, due to be submitted by 31‌‌ ‌October 2022 if a paper return, or 31‌‌ ‌January 2023 if an online return. For most people, this will be the fourth and fifth SEISS grants only.