I run a small business and I claimed the first 2 SEISS grants. My income was down slightly, I had increased cleaning costs and I had to furlough 1 full time employee and 1 part time employee. I was entitled to maximum grant, so I think the combined total is just over £14k.
Since September, my work has picked up significantly. A client expanded their business which in turn generated a large amount of work and income for my business. It looks like my income in 20/21 may end up about £10k higher than 19/20, plus the grants.
Annoyingly, I used up the grant money by paying off some personal debts.
Was I wrong to claim? What will happen? I couldn't predict the future. Obviously I haven't claimed grant 3 and won't claim grant 4.