Claims for the first Self-employment Income Support (SEISS) grant must be made by Monday 13 July.
- Deadline for Self Employment Income Support Claim
- Businesses which have been adversely affected by Covid-19 and are eligible to make a claim under the first SEISS grant must do so by 13 July 2020.
- This deadline will be rigidly enforced, and after that date you will only be able to make a claim under the grant scheme for the later, extended second qualifying period.
- Extension Of The Scheme – Am I Eligible?
- The Support Scheme has been extended until 19 October 2020.
- If you are eligible for the second and (announced to be the) final grant, you will be able to make a claim from 17 August 2020.
- Eligibility is determined in the same way as the first grant, details of which can be found in the following link:
Check if you can claim a grant through the Self-Employment Income Support Scheme
- You can validate your eligibility by using the following link:
https://www.tax.service.gov.uk/self-employment-support/enter-unique-taxpayer-reference
- In order to qualify, your business must have been adversely affected by COVID-19 on or after 14 July 2020.
- You can make a claim for the second grant if you are eligible even if you did not make a claim for the first grant.
- What Can I Claim?
- The second grant claim is based upon a payment to you of 70% of your average monthly trading profits, and the claim will cover a 3 month period.
- The maximum claim will be capped at £6,570 in total and will be paid out in a single instalment.
- It should be noted that any funds received under the grant scheme are taxable.
- When Can I Claim?
- The online service for the second and final grant is not available yet.
- Claims will be open from 17 August 2020, most likely on a staged basis as per the first grant.
- Applications close on 19 October 2020.