Anybody else left it until the last minute like me? Just completed and tax will be paid this evening.
I’m guessing quite a few on here will have extra to pay this time around, due to the SEISS Covid grants bumping up their income for this tax period?
Not this tax year, but last tax year had a much bigger bill due to three grants. Was still worth doing though, I’ve still not got back those lost jobs.
I was only able to claim the final grant so was only effected this tax return.
Did you have a higher turnover?
I’m so glad I took them, the damage done to my business was significant, eg lost a £315 contact that’s never come back. As well as other pubs and small offices.
The worst part about doing tax return late is that it can take 72 hours for the sums to finalise! Usually do mine between September-December to make sure it’s all updated.