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Arnold Palmer

  • Posts: 20794
Re: Grants from local council
« Reply #20 on: April 22, 2020, 05:16:21 pm »
Are these grants treated as income, so subject to corporation tax?

Yes.
#aliens

Elfyn

  • Posts: 495
Re: Grants from local council
« Reply #21 on: April 23, 2020, 11:38:21 am »
If and when I get the grant I, will only spend some of it on things that are tax deductable. My van is due a big service and a timing belt (about £1000 to £1300), I usually do most of the servicing myself, but I wouldnt dare do the timing belt. I also have a few little things that need sorting out on other quipment, but I'm going to keep as much as I can of the grant for a rainy day.
With the announcement that this could last beyong this year I'm planning for the worse.

Arnold Palmer

  • Posts: 20794
Re: Grants from local council
« Reply #22 on: April 25, 2020, 06:12:31 am »
Mine got refused.
#aliens

Mike Halliday

  • Posts: 11581
Re: Grants from local council
« Reply #23 on: April 25, 2020, 07:01:40 am »
How did they notify you ? Did they give a reason
Mike Halliday.  www.henryhalliday.co.uk

Arnold Palmer

  • Posts: 20794
Re: Grants from local council
« Reply #24 on: April 25, 2020, 07:35:31 am »
How did they notify you ? Did they give a reason

By email. We recently moved and we are not on the valuation roll. It was a complicated sale, the site was split into three by the old owner, I bought two and a mechanic bought the third.. The assessor had been out earlier this year to, err, assess it, but the coronavirus happened and it wasn't finalised in time.
#aliens

Arnold Palmer

  • Posts: 20794
Re: Grants from local council
« Reply #25 on: April 25, 2020, 07:40:38 am »
How did they notify you ? Did they give a reason

By email. We recently moved and we are not on the valuation roll. It was a complicated sale, the site was split into three by the old owner, I bought two and a mechanic bought the third.. The assessor had been out earlier this year to, err, assess it, but the coronavirus happened and it wasn't finalised in time.

I will appeal the decision and will probably win but that will take weeks or longer.

It's tricky because all these people are doing a job they don't normally do and they're trying to do it from home. The grant phone line at Aberdeenshire council is only open for 1 hour a day.
#aliens

Arnold Palmer

  • Posts: 20794
Re: Grants from local council
« Reply #26 on: April 25, 2020, 07:46:26 am »
On the plus side; Rishi's furlough has paid out.

#aliens