thanx guys I might do it tomorrow
Your pension doesn't come into the calculation.
The calculation is done on your business turnover, less expenses, AIA claims and capital gains claims over the tax years 2016/7, 2017/8 and 2018/9. The average of those years is calculated, /12 x 3.
They have those figures from your tax returns so you don't need to worry about getting them.
They will just ask you to declare that your business has been adversely affected by CV. They also advise that they reserve the right to act on fraudulent claims.
If you declare that your business has been adversely affected and your turnover/profits show an increase in the 2020/21 tax year over their average then I'm sure they will ask questions. The only income I have had since the 23rd March has been a couple of outstanding debts paid so I expect so far for my turnover to be down by 25% over last year. Today was my first day back so I don't know what the next 3 months brings.
If my turnover is 50% of the equivalent period last year does this mean my business is still being adversely affected by CV? My interpretation of adversely probably isn't the same as the governments interpretation of it.
In 2017/8 I got a pension lump sum. To offset that I purchased a 'new' van. So I didn't pay any income tax that year. However the claim for the van has reduced my profit (turnover less expenses claims) average and hence reduced my payment on the scheme.
