Hmrc, to claim back 100% of self employed grant,

[Greythundercloudys]

My accountant told me today that they will want all this grant back if you can show your business had be badly affected by the virus, l suppose wool is worthless because of virus. Can't believe they would try and get it back but there up for anything to screw you over.

 

[jondear]

If you can or can't?

 

[Happy]

I’m not surprised at all.
Other than one cottage tenant not paying because of it I wouldn’t say I’ve been directly affected yet.
Certainly not compared to a self employed tradesman, shopkeeper, hairdresser etc. who are the type of sectors they had in mind when coming up with the scheme in a hurry.

 

[Optimus]

Does a grant not mean you don't have to pay it back?

Not too worried .week before lock down sheep trade was flying then it collapsed. Got plenty of kill sheets to prove we were affected

 

[fred.950]

I couldn’t attend livestock markets to see my stock sold, I couldn’t do some jobs because I had no child care, my wife would normally do a lot around the farm which she could not do because the schools were closed! Anyway they can’t have it back because I’ve spent it!

 

[Frodo2]

I can't believe anyone has not been affected, albeit in some cases trivially.

 

[Bones]

I'll not spend it just in case, ,I had the symptoms of it around lambing time, so didn't get out to check the sheep as often , had more losses than usual, ,, I'll lead with that,

 

[Adeptandy]

By the looks of the spring crops income here is in for a big dip, will try that one first

 

[beardface]

I think the reclaims will be mainly aimed at businesses that furloghed workers yet had them working from home and those self employed who used it as a means to end there business.

 

[KB6930]

Hopefully all the folk that claimed falsely will get it taken back. I personally know af 4 self employed lads that claimed yet never stopped working at all

 

[B'o'B]

I think the reclaims will be mainly aimed at businesses that furloghed workers yet had them working from home and those self employed who used it as a means to end there business.

That will be a whole different claim.

 

[neilo]

Hopefully all the folk that claimed falsely will get it taken back. I personally know af 4 self employed lads that claimed yet never stopped working at all

If you are self employed, you can continue working, just have been badly effected by the situation. Only on the furlough scheme were you prohibited from working for your employer, even then you could go and work for someone else iirc.

 

[beardface]

Hopefully all the folk that claimed falsely will get it taken back. I personally know af 4 self employed lads that claimed yet never stopped working at all

The payment wasn't about wether you were or weren't able to work but more about business disruption. I claimed it yet we were still working as countless others will have done. At the time no-one knew which direction we were headed so the saying one in the hand is worth two in the bush came to mind.

 

[Hfd Cattle]

I had to stay at home in the evenings with the OH instead of going to the pub. ..that caused a huge effect !

 

[KB6930]

If you are self employed, you can continue working, just have been badly effected by the situation. Only on the furlough scheme were you prohibited from working for your employer, even then you could go and work for someone else iirc.

The payment wasn't about wether you were or weren't able to work but more about business disruption. I claimed it yet we were still working as countless others will have done. At the time no-one knew which direction we were headed so the saying one in the hand is worth two in the bush came to mind.

These lot were not effected at all still worked the usual hours planting spring crop etc claimed upwards of 2k each

 

[beardface]

That will be a whole different claim.

The furlough will yes, but self employed will be more about targeting those who used it as a means to either end or improve there business. If you spent it on home stuff then I wouldn't be too worried. If you went and spent say 3k on a new piece of fixed equipment yet you were "struggling" I'd be a bit more worried about paying it back. The thing is given the need to get the economy going again I can't see the government running round like Robin Hood asking say 80% of thos who claimed to add it onto there tax bill at 100‰.

 

[Courier]

The damage from the Covid fallout is yet to rear its ugly head....And it will get absorbed into the NDB.

 

[yin ewe]

It will form part of your profit for this financial year so they will claim some of it back in tax.

 

[Greythundercloudys]

Can't..... Yes they will find away to get it back, but as been said it was a grant.

 

[crofteress]

The people who claimed it but weren't adversely affected will have a lot more profit so will pay a lot more tax