by VelocityAS | Aug 2, 2021 | COVID-19, HMRC, Recovery Loan Scheme, Tax
During the COVID-19 pandemic, HMRC paused much of their debt collection work, both to divert resources to administering the various COVID-19 support schemes and to help taxpayers whose finances were adversely affected by the pandemic. However, as the country emerges... 
by VelocityAS | Aug 2, 2021 | Business, COVID-19, HMRC, SEISS
If you have received one or more grants under the Self-Employment Income Support Scheme (SEISS), it is important that you report the payments correctly on your tax return. 2020/21 self-assessment tax return SEISS grants that were received in the 2020/21 tax year...