Self-employed invited to get ready to make their claims for coronavirus (COVID-19) support
HMRC will begin contacting customers who may be eligible for the government바카라 사이트™s Self-Employment Income Support Scheme.
From today바카라 사이트¯(Monday 4 May), HM Revenue and Customs (HMRC) will begin contacting customers who may be eligible for the government바카라 사이트™s Self-Employment Income Support Scheme (SEISS).
Those who are eligible will be able to claim a taxable grant worth 80% of their average trading profits up to a maximum of £7,500 (equivalent to three months바카라 사이트™ profits), paid in a single instalment.
HMRC is also inviting customers, or their agents, to .
In order to receive quick confirmation바카라 사이트¯from the바카라 사이트¯eligibility바카라 사이트¯checker, individuals should:
- have바카라 사이트¯their Unique Taxpayer Reference (UTR)바카라 사이트¯and their바카라 사이트¯National Insurance Number to hand
- make sure바카라 사이트¯their details are바카라 사이트¯up-to-date바카라 사이트¯in their 바카라 사이트 Gateway account
Once the online check is complete, eligible customers will be given a date when they can submit their claim. They will also be encouraged to update their contact details.
Claims service opening shortly
The claims바카라 사이트¯service바카라 사이트¯will open on 13 May and is being바카라 사이트¯delivered바카라 사이트¯ahead of the original timetable. This바카라 사이트¯will help millions of self-employed people, covering a wide range of industries and jobs, whose livelihoods have been adversely affected by the coronavirus.
The claims process will be very simple,바카라 사이트¯and those eligible will have the money paid into their bank account바카라 사이트¯by 25 May, or within바카라 사이트¯six working days바카라 사이트¯of completing a claim.바카라 사이트¯
Who바카라 사이트™s eligible
Individuals are eligible if their business has been adversely affected by coronavirus, they traded in the tax year 2019 to 2020, intend to continue trading, and they:
- earn at least half of their income through self-employment
- have trading profits of no more than £50,000 per year
- traded in the tax year 2018 to 2019 and submitted their Self Assessment tax return on or before 23 April 2020 for that year
HMRC is using information that customers have provided in their 2018 to 2019 tax return 바카라 사이트“ and returns for 2016 to 2017 and 2017 to 2018 where needed 바카라 사이트“ to determine their eligibility and is contacting customers who may be eligible via email, text message or letter.
Wider government support
This scheme brings parity with the Coronavirus Job Retention Scheme, where the government committed to pay up to £2,500 each month in wages of employed workers who are furloughed during the outbreak.
Where individuals are ineligible for the scheme, HMRC will direct people to guidance setting out the scheme conditions to help them understand why they are ineligible, and바카라 사이트¯advise바카라 사이트¯on other support available to them such as:
- income tax deferrals
- rental support
- Universal Credit
- access to mortgage holidays
- various business support schemes the government has introduced to protect businesses during this time
Further information
Guidance and information on the scheme is available on 바카라 사이트:
- the HMRC
- guidance:바카라 사이트¯Check if you can claim a grant through the Self-Employment Income Support Scheme
- guidance:바카라 사이트¯How HMRC works out trading profits and non-trading income for the Self-Employment Income Support Scheme
- guidance: How different circumstances affect the Self-Employment Income Support Scheme