Self-Employment Income Support Scheme (SEISS) Update

With under two weeks to the deadline for applications for the government’s self-employment income support scheme (SEISS) grant, if you are eligible for this and have not made your claim please do so ASAP to avoid missing the deadline of the 13th July.

The government initially said that the scheme would ‘cover the three months to May’, which many took to mean that a self-employed business or partnership had to be affected adversely during the three-month period of March, April and May to claim the first grant.

Those affected in June, July and August assumed they would qualify for the second grant.

 HMRC subsequently amended the guidance to state that if a business has been adversely affected because of Covid-19 at any point up to 13 July, they will qualify for the first SEISS grant (assuming all other conditions are met).

Please contact us if you have not claimed the first payment and feel that you are eligible with all conditions being met.

IMPORTANT NOTE

Only if a business is adversely affected by Covid-19 from 14 July can you claim the second grant. 

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The Job Retention Bonus

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An Update for Clients With Staff on Furlough