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SEISS late submission of tax returns

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My client switched from using a limited company to being self employed for 2017-2018 and 2018-2019.

He was late providing his bank statements and details of transactions so I put in estimates and then after mid March 2020 I submitted revised tax returns.

HMRC are saying they are not accepting revised tax returns for grant purposes. They seem to be happy to accept them for paying tax though!

There is a number to call to discuss problems but it is too busy.

I can understand HMRC being wary of late revised tax returns but there's no mention of the disallowance of these claims in the legislation.

 

Replies (6)

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RLI
By lionofludesch
19th May 2020 10:22

I believe there was indeed a mention of it, Peter.

Returns submitted up to 19 March with an option for folk who hadn't filed to bring their affairs up to date by 23 April.

I may be a few days out with those dates but that's the gist.

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Replying to lionofludesch:
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By legerman
19th May 2020 10:18

lionofludesch wrote:

I believe there was indeed a mention of it, Peter.

Returns submitted up to 19 March with an option for folk who hadn't filed to bring their affairs up to date by 23 April.

I may be a few days out with those dates but that the gist.

Spot on with the dates Lion. [EDIT Ooops, 26th March. I thought it was 19th as well]

Peter: There had to be a cut off point to be fair otherwise unscrupulous folk would have refiled with a higher profit level. As the scheme was announce on 20th March it would seem logical to have the cut off the day before, but in genuine cases like your client it is unfortunate.

Just thinking aloud, are the estimates higher or lower. If higher maybe worth asking for a review?

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Lone Wolf
By Lone_Wolf
19th May 2020 10:09

You didn't read the legislation very hard :P

https://assets.publishing.service.gov.uk/government/uploads/system/uploa...

10. For the purposes of SEISS, amounts of trading profits and relevant income are determined by reference to a person’s tax returns as at 23 April 2020 but no account will be taken of any amendment made to a tax return on or after 6pm on 26 March 2020 or any contract settlement.

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Replying to Lone_Wolf:
By petersaxton
19th May 2020 11:14

Well spotted.

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RLI
By lionofludesch
19th May 2020 10:23

As you amended mid-March, Peter, you may have grounds for appeal.

Depending on what you mean by "mid".

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Replying to lionofludesch:
By petersaxton
19th May 2020 11:17

2017-2018 was submitted in time but because my client was using a limited company for 2016-2017 and the 2018-2019 wasn't accepted, I can't claim using 2018-2019 on it's own.

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