choosing to use 2018-19 turnover rather than 2019-20

Carlakoala

What are the reasons we could do this? I was ill so worked much less in 2019-20 so my turnover was down. Is this a legitimate reason to use the previous years' turnover? ta

Caz3121

use it for what purpose?

Carlakoala

Sorry. This is for the 5th Government SIESS grant

Caz3121

https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme
it says

To make your claim, you’ll need to have 2 different turnover figures. You’ll need to work out your turnover for:

• April 2020 to April 2021
• either 2019 to 2020 or 2018 to 2019

Jeremy535897

If 2019 to 2020 was not a normal year for your business, you can use the turnover reported in your 2018 to 2019 tax return. Your records should show how 2019 to 2020 was not a normal year for you. For example, if you:

• were on carer’s leave, long term sick leave or had a new child
• carried out reservist duties
• lost a large contract
• are eligible for the fifth grant but did not submit a 2019 to 2020 return

Find out more about how your different circumstances affect your eligibility.

See https://www.gov.uk/guidance/work-out-your-turnover-so-you-can-claim-the-fifth-seiss-grant#get-help-working-out-your-turnover