Can an SEISS claim be amended?

Can an SEISS claim be amended?

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Asking for a friend (or rather a client) of course! I have a client who GUESSED his turnover for his SEISS Grant 5 and guessed quite badly. I am meeting the client on Monday to sign off his accounts & self-assessment and said I would try to help him correct the SEISS claim.

A quick Google search makes me wonder if it is even possible to amend once claimed. Unfortunately I haven't needed to access the SEISS portal as accountants haven't been allowed access. 

Can anyone offer advice on how the client should get this amended?

Replies (7)

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RLI
By lionofludesch
17th Sep 2021 17:01

Has he overclaimed or underclaimed ?

It's the worst of both worlds.

If he's overclaimed, he needs to send the money back.

If he's underclaimed, tough.

Thanks (1)
Johny Fartpants Picture
By johnny fartpants
17th Sep 2021 17:05

Overclaimed. He should be entitled to 30% not 80%.

I don't think any of my clients are mad enough to under claim!!

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Replying to johnny fartpants:
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By Paul Crowley
17th Sep 2021 19:15

He needs to call HMRC and sort it out before you submit his tax return.
Him not you

Thanks (1)
Replying to Paul Crowley:
Johny Fartpants Picture
By johnny fartpants
17th Sep 2021 19:55

Thanks Paul. Yes, I was hoping we could call HMRC at Monday's meeting. I asked the agent's helpline for the best contact number. They gave me the Covid helpline. Unless I anyone on the forum has a better alternative, this is what we will try on Monday.

I am well aware that this isn't for agent's to get involved too heavily but this client isn't great with dealing with the revenue. I fear if I don't offer some kind of support then nothing will get done.

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Replying to johnny fartpants:
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By Paul Crowley
17th Sep 2021 20:16

If you are both there then probably the best solution is as you say
HMRC less liable to be awkward with an agent present on speakerphone

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By fawltybasil2575
18th Sep 2021 10:27

@ johnny . . . . (OP).

This is a link to the process:-

https://www.gov.uk/guidance/tell-hmrc-and-pay-the-self-employment-income...

You should be able to guide your client through the process. If the overpayment is successfully accomplished - “job done”.

If, for whatever reason, no success, then Plan B is simply:-

Obtain a cheque from the client and sent it to HMRC with a detailed explanatory letter – the encashment of the cheque suffices to show that your client has complied with (all importantly) the LAW. So – “job done”, and no further action required.

Basil.

Thanks (3)
Johny Fartpants Picture
By johnny fartpants
18th Sep 2021 10:35

That's EXACTLY what I had been looking for. Thank you so much Basil.

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