We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Another SEISS question - sorry

rubble2
Posts: 565 Forumite


My wife and I operate our business as a partnership. We have successfully claimed the first 3 SEISS grants with both of us receiving half of the total grant payment.
In tax year 2019/20 my pension income kicked in and was greater than the net profit for that year, however my wife received no income during the year other than business profits. Am I right in assuming that although my entitlement will be adversely effected by the 50% rule for SEISS 4, my wife will be eligible for the full grant allocation?
Thank you
In tax year 2019/20 my pension income kicked in and was greater than the net profit for that year, however my wife received no income during the year other than business profits. Am I right in assuming that although my entitlement will be adversely effected by the 50% rule for SEISS 4, my wife will be eligible for the full grant allocation?
Thank you
0
Comments
-
It depends. It looks as if the 50% test, if you fail it on 2019/20, will then look at the four years 2016/17 to 2019/20, so you might be all right.1
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.6K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.3K Spending & Discounts
- 243.6K Work, Benefits & Business
- 598.3K Mortgages, Homes & Bills
- 176.7K Life & Family
- 256.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards