Sumary of SEISS alert as claim date for final grant looms – have you received your sum?:
- Where a claimant is not eligible for a grant based on their 2019 to 2020 trading profits, HMRC will then look back at previous years to see if money can be awarded.
- Applicants must confirm they intend to keep trading in the 2021 to 2022 tax year.
- Should the claimant’s turnover figures be down by 30 percent or more, they’ll get a grant covering 80 percent of three months’ average trading profits.