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SEISS claim

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I have a question regarding SEISS.

I am submitting tax return every year for one client since 2014. She has income from property and some other income. On the property income, she has loss but her trading income is around £40,000 each year and she is up to date with taxes. Her trading income is less than non-trading income.

She told me that she tried to claim SEISS but it says that you are not eligible to claim. Can anyone please tell me what she can do

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RLI
By lionofludesch
25th May 2020 16:24

Yes. She can give up. She's not eligible to claim.

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By Wanderer
25th May 2020 16:35

Quote:

Her trading income is less than non-trading income.

Have you bothered reading the rules at all before advising your 'client'?
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RLI
By lionofludesch
25th May 2020 16:46

Bless me.

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By SXGuy
25th May 2020 17:43

Think the question has been changed because it no longer says her trading income is less than non trading income.

If her trading income is more than 50% of her combined income and less than 50k average over 3 years she should be able to claim. Why not get her to ring hmrc and find out why.

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Replying to SXGuy:
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By Wanderer
25th May 2020 17:54

Quote:
SEISS claim
Information

I have a question regarding SEISS.

I am submitting tax return every year for one client since 2014. She has income from property and some other income. On the property income, she has loss but her trading income is around £40,000 each year and she is up to date with taxes. Her trading income is less than non-trading income.

She told me that she tried to claim SEISS but it says that you are not eligible to claim. Can anyone please tell me what she can do

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RLI
By lionofludesch
25th May 2020 17:52

"Her trading income is less than non-trading income."

It still says this for me.

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By Truthsayer
25th May 2020 18:10

I am submitting tax returns for many year now for many real client, not client who claim to be accountant. Like all other real accountants I know that if over half your income is not from self-employment, you're not eligible....if that is your position, which is impossible to know, as you contradict yourself on that point.

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By Tax Dragon
26th May 2020 06:55

As Truthsayer says, your question is unclear.

Bonus information: mortgage (re)payments are not deductible.

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