SEISS intention to continue trading

pff

Hi all, can anyone tell me please how the requirement for intending to continue to trade is measured/enforced? Do you need to be in business for so many months after the grant? Or is it purely about your intentions? I'm eligible for the first time with grants 4 and 5, but even though I do not have plans to close my business, I'm scared that if I do go under I will be forced to pay it back.

The MSE guide says: 'You must have traded in both tax years 2019/20 and 2020/21 AND intend to continue to trade. You cannot make a claim if you have plans to close your business.'

Thanks!

Jeremy535897

If you genuinely don't have plans to close your business, you don't need to worry.