Who should report a grant or support payment

If you received a payment to support you during COVID-19, you may need to report this on your tax return if you are:

·         self-employed

·         in a partnership

·         a business

Which payments you need to report

You need to report grants and payments from COVID-19 support schemes. These include:

·         the Self Employment Income Support Scheme (SEISS)

·         test and trace or self-isolation payments

·         the Coronavirus Job Retention Scheme (CJRS)

·         Eat Out to Help Out

·         Coronavirus Statutory Sick Pay Rebate

·         Coronavirus Business Support Grants

Coronavirus Business Support Grants

These are grants or payments made by one of the following:

·         local authorities

·         devolved administrations

They are also known as local authority grants or business rate grants.

Examples of these grants in England include:

·         Small Business Grant Fund

·         Retail, Hospitality and Leisure Grant Fund

·         Local Authority Discretionary Grant Fund

·         Fisheries Response Fund

Examples of these grants in Wales include:

·         Welsh Government Business Grants (Grants 1 & 2)

·         Economic Resilience Fund

Examples of these grants in Scotland include:

·         Business Support Fund

·         Newly Self-Employed Hardship Fund

·         Creative, Tourism & Hospitality Enterprises Hardship Fund

·         Pivotal Enterprise Resilience Fund

·         Aquaculture Hardship Fund

·         Sea Fisheries Hardship Fund

Examples of these grants in Northern Ireland include:

·         Small Business Support Grant Scheme

·         Retail, Hospitality, Tourism and Leisure Grant

·         other coronavirus emergency and hardship funds

If you have received a Coronavirus Business Support Grant, it is taxable.

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