If you have claimed the SEISS grants you will have confirmed to HMRC that your business was and/or is adversely affected by coronavirus disruption.

But have you documented these adverse considerations? If not you will have no evidence to support your SEISS claim if it is challenged by HMRC.

If HMRC are not convinced that your claim was correct they could ask for their money back.

By addressing these compliance needs now you can avoid this risk.

How was your business adversely affected?

You may have multiple reasons for considering that your business has been adversely affected by coronavirus. It could be fairly straight-forward, that your business has been unable to trade due to lock-down closure or you may have a number of concerns.

By preparing a written record of these concerns and gathering together any supporting accounts or other information, you will be ready for HMRC if they decide to challenge the validity of your claim for SEISS.

We can help

Although you may have taken steps to maintain some or all these records we recommend that we take a look and advise if further work needs to be done.

We can point you in the right direction or help you prepare the necessary evidence.

Best to be prepared. Don’t wait until the brown envelope appears on your doorstep.