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Where Taxpayers and Advisers Meet

SEISS Grant on tax return

mattm
Posts:1
Joined:Mon Apr 19, 2021 5:44 pm
SEISS Grant on tax return

Postby mattm » Mon Apr 19, 2021 5:52 pm

Hi,

I don't suppose anyone has any idea at all where to put the SEISS grant on your online SA Tax Return? We have looked all over but can't find anywhere, but it keeps telling us that we have put £0 in when it should be £4,500 - but then I can't find any guidance anywhere.

HMRC seem to put up a brick wall when you try to contact them, and when I have managed to speak to someone, they decide your general request is too hard for them and cut you off or close their web chat without an explanation as to why - seems they just would rather ignore and cut you off than try to answer. They are quite possibly the worst people to get hold of and deal with.

Thanks in advance.
Matt

robbob
Posts:3228
Joined:Wed Aug 06, 2008 4:01 pm

Re: SEISS Grant on tax return

Postby robbob » Mon Apr 19, 2021 9:58 pm

Hello Matt

on the full self employmnet pages its box 70.1 on page SEF4
for self employment short its box 27.1 on page SES 2

maths
Posts:8507
Joined:Wed Aug 06, 2008 3:25 pm

Re: SEISS Grant on tax return

Postby maths » Tue Apr 20, 2021 1:01 am

The legislation is contained in F Act 2020 s 106 and Sch 16 and F Bill 2021 s 31 et al.

According to ICAEW:
“Finance Bill 2021 will include a measure to change the tax treatment of SEISS grants which will be subject to taxation in the tax year in which the amount was received.
The current position is that all SEISS grants are taxable in 2020/21 but given the extension of the scheme this needs to change. 2020/21 and 2021/22 returns will include boxes for SEISS grants to allow them to be reported separately and crosschecked by HMRC. HMRC is still exploring how it might pre-populate tax returns or give agents access to information of the amounts claimed by their clients”.

As robbob points out HMRC have now decided how to have SEISS grants reported.


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