Tags: covid 19 support schemes
Don’t forget to declare COVID-19 grants on your tax return
HM Revenue and Customs (HMRC) is reminding Self Assessment customers to declare any COVID-19 grant payments on their 2020/21 tax return.
More than 2.7 million customers claimed at least one Self-Employment Income Support Scheme (SEISS) payment up to 5 April 2021. These grants are taxable and customers should declare them on their 2020/21 tax return before the deadline on 31 January 2022.