Market leading insight for tax experts
View online issue

SEISS grants overstated in tax returns

printer Mail

The CIOT has reported a problem with HMRC’s software that is causing incorrect Self-Employment Income Support Scheme (SEISS) figures to be included in the self-assessment tax return. HMRC’s SEISS Application Programming Interface (API) is not functioning properly, resulting in SEISS grant amount figures being displayed incorrectly when pulled through to the self-assessment tax return.

In some cases, the decimal point is in the wrong place, meaning that grant amount figures are being significantly overstated.

HMRC is urgently working to fix this SEISS API issue. In the meantime, the CIOT notes that it is possible to manually delete the pre-populated figure and enter the correct grant amount in the tax return.

Categories: News
EDITOR'S PICKstar
Top