Are grants considered revenue or profits?


Grants are considered revenue in your accounts – typically it would be classified as “Other Income”, separate from your trading income.




The BTWEA and STEA are not grants per se, but rather social welfare granted to those starting a new business to end their unemployment. This would not be booked into your business accounts as it is a payment made to you as a person, not as a business (i.e. you do not need to account for it, except if required to be reported in your tax return).

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Mark Sweetman, ACA

Mark Sweetman, ACA

As a Chartered Accountant I've built my experience working within the SaaS and digital technology industries, growing early-stage businesses from the inside. I help digital entrepreneurs understand their companies and ensure they have all the tools they require to succeed and thrive. I love adopting new tech solutions and making use of these to increase efficiency within our clients' businesses.