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
If you have any further questions or need help with your bookkeeping or payroll please don't hesitate to contact us on 01273 514060
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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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