Self Employed Income Support Scheme
The Self Employed Grant Scheme is now open for applications for the COVID-19 grant. HMRC have said we as your accountant cannot apply for the grant on your behalf. You will need to set up a Government Gateway account to enable you to apply for the grant and we have prepared a helpsheet to assist you, available below. The grant application is accessed through your Government Gateway Account.
Instructions and SEISS - Word Document
HMRC should have contacted you to tell you if you are eligible for the grant. Please note you are not eligible if your average profits for the three tax years 2017, 2018 and 2019 exceed £50,000 or if your other non-trading income is greater than your self employed income or if you have not submitted your 2019 tax return by 23 April 2020. You should also be continuing to trade in the 2020 and 2021 tax years to be eligible. If you are not eligible you may wish to consider a 'Bounce Back Loan’.
HMRC Covid-19 Helpline: 0800 024 1222