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Have received the Covid 19 grant for self employed and job retention for employees how do i record these what catorgory etc from bank feed
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Hi Caro1
If you are using the the self employed product you will have to categorise the the grant as business income as it is subject to Income Tax and self employed National Insurance, see the 'How the grant works' section of the enclose link.
Our previous post was referring to a method if you are self employed but using one of the small business products.
We must make you aware that we ar not accountants and that any comments that we make should be qualified by an accountant.
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