SEISS Opens Today - Missing Data Fixed?

 

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

SEISS opens today, however, as I noted on this site there appear to be glitches in the system.

AccountingWeb also notes problems, nine separate practitioners logged more than a dozen false results within two days of the checker opening for business on Monday 5 May: four instances were false positives, while nine claims that should have been eligible were rejected.

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."

Therefore, theoretically, it should work today without any glitches.

Tax does have to be taxing.

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.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

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.

A Solar Protect policy will enable your Accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
• Premiums are Annual Premiums.
• Premiums are inclusive of 12% IPT. 
• Premiums and IPT are due in full in advance / at commencement of scheme.
• There is a NIL excess on all policies.

Please click here for details.


HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"