Surely if you were just breaking even in the previous three years it not fault of covid????
Self employed gov grant
- Thread starter Beefsmith
- Start date
glasshouse
Member
- Location
- lothians
Plenty of businesses just break even when they are expanding. That takes more than three years
SilliamWhale
Member
No unless you can find a discretionary fund. But how would you eat if not making any profit year on year?
- Location
- South Wales UK
Unless you type your NI and UTR number into Gov. System you won't find out?
Most I have spoke too,were Surprised?
Even breaking even? Or making a loss over the 3 Years? Surprised?
I worked mine out to within a few pence.
- Location
- East yorks
As dad has a pension and his income is made of farm profits and pension but the pension is slightly more than his share of the farm profits. Despite paying tax on all of it they said get lost.
- Location
- South Wales UK
But have you entered your details into Gov.UK system?
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Of course I have. That's how I know I worked it out within a few pence.
What was it 80% of the average over the last 3 years? It's not hard to work out.
Edited 85% to 80%...
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Plain steer
Member
I pay a lot of tax been in the 40% bracket a few times so seen as though I paid a lot in I have no qualms about taking a bit back out
ACEngineering
Member
- Location
- Oxon
Not for the self employment grant no, the more tax you pay the bigger the grant or at least up to the max cap. If you paid no tax in the qualifying period you get nothing.
- Location
- Forfar,Angus,Scotland
Doesn't sound like you are in desperate need,but if you feel covid has truly impacted you fair enough,a lot of BS on here regarding commodity prices,malting barley prices were no worse last year than the average over 10yrs,feed barley now at £150,last years weather was the biggest factor nothing to do with covid, can't think of much UK farm produce that has truly taken a hit because of covid.
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- Location
- West Wales
Produce no but a lot of farms have diversified over the years and most have been completely shafted by their diversification projects, I know some that laid off 90 staff on the diversification side
- Location
- Forfar,Angus,Scotland
Totally agree for genuine cases but there are an awful lot taking the pee.
glasshouse
Member
- Location
- lothians
What about all the milk that got dumped?
Lambs dropped £40 in a day, if you had 200 at market that day, thats £8000
Luckily i only had 30
- Location
- Forfar,Angus,Scotland
Fair enough,but what about the average across the year!
Bossfarmer
Member
- Location
- between Perth and Inverness
well my barley all failed malting because of covid so thats a lot of money its cost me, the fact wheat was a good price is irrelevant really
- Location
- West Wales
Failed because out of spec?
- Location
- West Wales
If you need to second guess yourself and try and make up excuses don’t claim. I have 3 different justifications straight out that there isn’t a single doubt about.
glasshouse
Member
- Location
- lothians
Failed because they didnt need it
Theres no other actual reason