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Where Taxpayers and Advisers Meet

SEISS Year End 31st March

GANDONAS22
Posts:18
Joined:Sat Jan 19, 2019 12:06 pm
SEISS Year End 31st March

Postby GANDONAS22 » Sun May 02, 2021 8:13 pm

Hi All

Totally lost , we have a 31/3 year end, thus 4th grant falls within two basis periods 5th Apr 21 and 5th Apr 22.
To be eligible we need to show that the impact from the qualifying period ( Feb - Apr ) causes a significant reduction in trading profits over one basis period

So , if we take 20/21 do we look at the downturn of Feb & Mar against that year or if we take a 21/22 forecast do we take Apr downturn and look at that ?

Any help would be appreciated

Thanks

Gandonas

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