This post was originally published on 15 May 2020 and updated on 27 November 2020 for freshness, accuracy and comprehensiveness.
If you’re self-employed or a member of a partnership and have been affected by Coronavirus, you may be eligible for the Self Employment Income Support Scheme (SEISS).
Before you make a claim, you need to know if you qualify for the scheme. You can find out how to check if you are eligible here.
You will need the following information to make your claim:
- Self Assessment Unique Taxpayer Reference (UTR)
- National Insurance number
- Government Gateway user ID and password (find out how to create a Government Gateway user ID here)
- Bank details
You will need to confirm that your business has seen a significant reduction in trading profits due to Coronavirus. HMRC will be checking claims and will take appropriate action to withhold or recover payments found to be dishonest or inaccurate.
Unfortunately, your tax agent or advisor cannot claim on your behalf.
The claims process opens on 30 November 2020. HMRC will be writing to all who are eligible to provide them with a slot – between Monday 30 November and Friday 4 December – in which to apply.
If you don’t hear from HMRC, but think you are eligible, you can use the online claim process to check if you can claim. And don’t worry if you can’t make your allocated slot, you can claim at any time until 29 January 2021.
Once you make a claim, HMRC will check your application and pay the grant directly into your bank account within six working days.
If you have any questions regarding the support available, please don’t hesitate to contact us.
Please note: This article is a commentary on general principles and should not be interpreted as advice for your specific situation.