The Government’s Self-Employment Income Support Scheme (SEISS) has today opened for claims with everyone eligible receiving money within six working days. https://t.co/DTpGLC0a9C pic.twitter.com/2n4KGTCU5h— HM Treasury (@hmtreasury) May 13, 2020
AccountingWEB member SXGuy switched from self employment to a limited company last year and had some cross-over on his 2018/19 tax return. “According to the checker I’m eligible. I know I’m not since I never continued to trade as SE in 19/20,” he commented.
Other people have been reporting false positives, he continued: “I don't think it’s mainly due to late submission. Seems there's a glitch somewhere.”
HMRC say there has been data missing:
"We have been updating the checker with the late filers - who were given extra time to benefit from the scheme if they missed the 31 January deadline. This represented around less than 0.2% of all people who may use the checker. By the time the service opens tomorrow they will have had all their details added."
Tax Investigation Insurance
Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.
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Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.
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- Premiums are Annual Premiums.
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