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HMRC Still Behind Processing 2020-21 Self Assessment Tax Returns Impacting SEISS Grants

Taxes image with calculator and receipts, expenses, magnetic numbers, pencils and correcting mouse by Photo by Tara Winstead from Pexels

HMRC Have announced there are still delays processing 2020/21 tax returns ahead of the 30th September deadline to claim the fifth and final Self-Employment Income Support Scheme (SEISS) grant.

HMRC had already advised there was a delay processing some 2020-21 tax returns where SEISS grants have not been reported in the way they expected, they have now corrected all of the affected returns submitted before 19‌‌th ‌June and continue to correct the SEISS grant amounts included in 2020-21 Self Assessment returns submitted after that date.

There are a small number of return amendments, received before 19‌‌ ‌June, which still need processing. They are expected to be completed by the first week of Oct‌‌ober, HMRC have apologised for inconvenience caused by the delay.

They reiterated that they will contact customers if they correct their return and depending on the changes made, you may need to take further action. It’s important to check any adjustment or statement of account to make sure the changes are accurate otherwise you might be taxed twice for the SEISS grant.

HMRC are urging customers to be careful if they are contacted out of the blue by someone asking for money or personal information. There continues to be high numbers of fraudsters calling, emailing or texting customers claiming to be from HMRC.

If in doubt, do not reply directly to anything suspicious, contact HMRC straight away, visit here for more information.

Our blog on cyber security provides helpful advice here.



 

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