Hi all,
Everything I've found suggests that you can claim expenses against your SEISS grant 'income', even when only grant income exists.
This seems surprisingly nice of HMRC in my opinion, since the grants are calculated on previous years' profits and not pre-expenses. I would have thought they would have put it a provision to cap the expenses claimed at the amount of non-grant trading turnover.
Only really a comment but if anybody can add anything more specific than my mind rambles, I'd like to hear your thoughts.
Thanks
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