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Self Employment Grant - Pension Tax Relief?
Foresty_Forest
Posts: 53 Forumite
I've taken two of the self employment grants last year. Am I able to include them in my tax return and claim for pension tax relief this year?
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Comments
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I imagine they are classed as earnings ? hence you may or may not end up paying tax on them depending how much earn1
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The grants are business income, and must be declared in your tax form which you fill out after Apr 6th this year. So they will be subject to tax and NI, and may be used to receive pension tax relief. So you need to make the payment into your pension before the end of March this year.1
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