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COVID Grants and CT600
delermd1
Posts: 7 Forumite
in Cutting tax
Hi
I am currently completing my CT600 but am unsure where to include the COVID related support grants we received.
I have called HMRC and they were unsure themselves (which is extremely helpful!). Strictly it isn't turnover, ancillary income is limited to £1,000 and so it can't go there.
Has anyone had any better luck getting advice from HMRC? If not would you stick it in turnover, or possibly non trade interest income?
Or have I missed somewhere a little more obvious?
Thanks
I am currently completing my CT600 but am unsure where to include the COVID related support grants we received.
I have called HMRC and they were unsure themselves (which is extremely helpful!). Strictly it isn't turnover, ancillary income is limited to £1,000 and so it can't go there.
Has anyone had any better luck getting advice from HMRC? If not would you stick it in turnover, or possibly non trade interest income?
Or have I missed somewhere a little more obvious?
Thanks
0
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