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SEISS Lower Than Expected?

jazz20
Posts: 2 Newbie

This morning I applied for the self-employed income support scheme grant. I started my business in November 2017 meaning my annual profit for tax year 17/18 (for only 4 months of trading) have been pro-rated across the full year (12 months) which massively brings my average earnings (across the past 2 years) down. In fact I have received half of what my 18/19 profits are as a result. Is this right / fair? Why not take the average from actual the business start date? Absolutely devastated right now.
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Comments
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I'm in the same boat and there's quite a few others. Lodge an appeal more people that appeal the more hope they'll change it1
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Those are the rules of how the scheme works. There are winners and losers."All shall be well, and all shall be well, and all manner of thing shall be well."0
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jazz20 said:This morning I applied for the self-employed income support scheme grant. I started my business in November 2017 meaning my annual profit for tax year 17/18 (for only 4 months of trading) have been pro-rated across the full year (12 months) which massively brings my average earnings (across the past 2 years) down. In fact I have received half of what my 18/19 profits are as a result. Is this right / fair? Why not take the average from actual the business start date? Absolutely devastated right now.1
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