Had an interesting chat yesterday with the accountant, and touched on the self employed support payment at the height of covid last year... I think there were 5 in total...?
Apparently, there are a few less than aware types, not declaring the payment in their tax returns.... HMRC have their computers flagging up any inconsistencies in returns and are looking hard at questionable activities.
We took one payment, and it went straight into the business a/c and was shown as income.
Apparently, there are a few less than aware types, not declaring the payment in their tax returns.... HMRC have their computers flagging up any inconsistencies in returns and are looking hard at questionable activities.
We took one payment, and it went straight into the business a/c and was shown as income.