✅ The 4th Self-Employed Income Support Scheme ✅ (SEISS) is here
But, whoa there 👨🌾 cowboys 👨🌾 and 👩🌾 cowgirls 👩🌾 Before you plough in and just 💥 click n claim 💥….
Do you know about these two gems???
🤓 REASONABLE BELIEF? 🤓
🤓 This is where Big G states you must 💥 REASONABLY BELIEVE 💥 you will suffer a significant reduction in trading profits due to the old C-Dawg between 💥 1st Feb and 30th April 💥
And this little cherub….
🤓 SIGNIFICANT REDUCTION? 🤓
🤓 This is where Big G is asking you to decide if, between 💥 1st Feb and 30th April 💥 the corona virus will cause a 💥 SIGNIFICANT REDUCTION 💥 in your trading profits for the tax year….
And the 🔑 key thing 🔑 You need to make sure BOTH apply 💥 BEFORE YOU MAKE A CLAIM 💥 for the 4th grant…
So, it ain’t so simples this time around…
❓“Will Big G actually check?” ❓We hear you shout…
Well, the answer is ✅ YEP!✅ There is FIRM BELIEF Big G ✅ WILL ✅ be monitoring your profits in FUTURE tax returns to look back and make sure you fit this criteria…
Check out some examples from HMRC here if you are not sure:
Proceed with caution… And if you ain’t sure, speak to your Accountant…
😍😍😍 Stay safe everyone 😍😍😍