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Tax query and lockdown

 
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zebedee



Joined: 12 Sep 2014
Posts: 1195
Location: yorkshire dales

PostPosted: Fri Oct 30, 2020 11:28 am    Post subject: Tax query and lockdown Reply with quote

The lockdown was ordered in March (23rd). Bookings were cancelled from that date. Is it allowable by HMRC to put part of the insurance payout as income for March 2020, even though it was received much later?

Also, what about the grant? Can any of this be put into 2019-20 tax year instead of all going into this year???

Many thanks
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