HMRC Warns Self Assessment Taxpayers: Declare Your COVID-19 Support or Face the Consequences!
Millions Must Declare SEISS Grants in 2021-22 Tax Returns
HM Revenue and Customs (HMRC) is cracking down on Self Assessment customers. If you received any COVID-19 support payments during the 2021-22 tax year, you must declare them in your tax return.
Over 2.9 million people claimed at least one Self-Employment Income Support Scheme (SEISS) grant up to 5 April 2022. These are taxable and have to be reported before the deadline on 31 January 2023.
The SEISS payment windows for 2021-22 were:
- SEISS 4: 22 April – 1 June 2021
- SEISS 5: 29 July – 30 September 2021
Other COVID-19 Grants Also Must Be Declared
SEISS isn’t the only support you need to report. If you’re self-employed, in a partnership, or run a business, any other COVID-19 support payments received during the 2021-22 tax year could also be taxable.
Wondering which grants count? Check the full list on GOV.UK.
Help Is at Hand to Get Your Return Right
Myrtle Lloyd, HMRC’s Director General for Customer Services, urges taxpayers:
“We want to help customers get their tax returns right, first time. We have videos and guidance online to support you with your Self Assessment. Search ‘help with Self Assessment’ on GOV.UK to find out more.”
You can complete and pay your Self Assessment quickly and safely using the free HMRC app. Other payment options include:
- PAYE tax code adjustments (if eligible)
- Online banking payments
If you can’t pay your tax bill in full, HMRC offers help with tailored payment plans called Time to Pay. Try to set these up online or call the HMRC helpline for advice.
Beware of HMRC Scams – Don’t Get Caught Out!
HMRC warns taxpayers to stay alert to scams. Criminals are sending fake HMRC emails, texts, and calls threatening arrest or promising refunds.
Always:
- Take your time before responding
- Check scam advice at GOV.UK by searching ‘HMRC scams’
- Never share your HMRC login details with anyone
Sharing your details could lead to theft or fraudulent claims made in your name.
