Share this content

Are SEISS grants proper to accounting year or tax

Didn't find your answer?

Self-employed client's business year end is 30 April, therefore in the 2020/21 tax return he is reporting income and expenses from 1 May 2019 to 30 April 2020.  His accounts are produced on the accruals basis, not cash accounting so should his SEISS payments already received be entered into this tax return or eventually in the one for 2021/22? 

Replies (3)

Please login or register to join the discussion.

RLI
By lionofludesch
12th Apr 2021 10:30

Have you searched for the answer to this question ?

It was only asked yesterday.

It appears two below yours.

https://www.accountingweb.co.uk/any-answers/when-are-seiss-and-other-gra...

Thanks (0)
avatar
By RDdd
12th Apr 2021 11:52

Sorry guys, I'm new to the forum. Thanks for the info.

Thanks (0)
Share this content