What is the tax you are liable for financial support during Covid-19?
3rd February 2021
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Listed below are the categories to which are liable for tax and should be  added to your income
 
The legislation will apply to individuals, businesses, individual members of a partnership and employers who receive or apply for a payment from:
 
• Self-Employment Income Support Scheme (SEISS)
 
• Coronavirus Job Retention Scheme (CJRS)
 
• the Small Business Grant Fund (SBGF), the Retail, Hospitality and Leisure Grant Fund (RHLGF), the Discretionary Grant Fund (DGF), or their parallel schemes in the devolved administrations
 
• other payments made by public authorities to businesses in response to COVID-19
 
• any other COVID-19 support scheme specified or described in regulations made by the Treasury
 
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HM Bookkeeping Ltd

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HM Bookkeeping & Payroll Services Ltd has been helping their clients with their accounting problems for the past 10 years.

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