Hi, it’s Deborah and Euzi
HMRC has published guidance on the notification requirements for businesses which received one of the first two grants under the Self-Employment Income Support Scheme (SEISS) and have since stopped trading. In order to avoid penalties, those who received the grant before 22 July 2020 must inform HMRC on or before 20 November 2020 that they have stopped trading and those who received the grant on or after 22 July 2020 must inform HMRC within 90 days of receiving the grant...
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