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Covid Small Business Grants on Tax Returns

Which box does the Covid Small Business Tax Return go in?

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I am trying to check exactly what box on both a sole trader tax return and the corporation tax return the Small Business Grants for Covid support should come in to? Thank you.

 

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By Wanderer
23rd Jun 2021 13:28

What are your thoughts so far?

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Replying to Wanderer:
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By s_deards
23rd Jun 2021 14:14

There's Box 10 with the CJRS or Box 30 on the Sole Trade TR (short).
CT600 I can't see anywhere for government grants to perhaps in Turnover Box 145 or 205 Other Income??

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Replying to s_deards:
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By Paul Crowley
23rd Jun 2021 14:17

CT 600 Page 5 471 and 472

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By s_deards
23rd Jun 2021 14:51

It implies these are just for the CJRS not the Small Business Grants?

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RLI
By lionofludesch
23rd Jun 2021 15:57

s_deards wrote:

It implies these are just for the CJRS not the Small Business Grants?

Are they implying or are you just inferring ?

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By Paul Crowley
23rd Jun 2021 16:39

CJRS and JSS ( the one that did not actually happen )
Other grants are other income in the accounts.
Not turnover

As I understand it

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Replying to s_deards:
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By Paul Crowley
23rd Jun 2021 16:39

CJRS and JSS ( the one that did not actually happen )
Other grants are other income in the accounts.
Not turnover

As I understand it

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By Matrix
23rd Jun 2021 16:54

Box 16 for sole traders.

I have disclosed all grants, including CJRS, as Other income in company accounts but not made any adjustments on the CT600.

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By puzzel
23rd Jun 2021 21:13

Edited

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d
By puzzel
23rd Jun 2021 21:07

Of taxfiler, enter value received under other income/government grants, in the accounts.
Then add a section into the tax return for cjrs claimed and allowed.
That's the basics to my thought and covers 471/472.
I'm in the firing line :-(

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