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You are here: Home / Blog / Accounting / SELF-EMPLOYED SUPPORT

SELF-EMPLOYED SUPPORT

30th May 2020

An extension to the Self-Employed Income Support Scheme (SEISS) was announced by the chancellor, Rishi Sunak, as part of his announcement on Friday.

Many representations have been made and the government has listened.

The scheme is being extended with one difference.

First grant

Eligible self-employed individuals or partners in a qualifying partnership were eligible to claim 80% of calculated average earnings – see our previous post for more details.

If you think you are eligible and haven’t yet claimed, you have until 13 July to make your claim – otherwise you will be out of time.

Second grant

A second grant will be made on identical terms, except the amount paid will be reduced to 70%.

Applications for the second grant will open in August 2020 (no specific date given). Further information will be published on 12 June.

(Why do they keep publishing this sort of information late on Friday?)

Laura

If, for any reason, you didn’t make a claim for the first grant, you can still claim for the second grant. If you are unsure about how to make a claim, contact us.

 

 

 

As always, we are here, and happy, to help. Please address any queries using the usual methods:

Telephone – (01509) 816150

Email – enquiries@centralbusiness.co.uk

Webform – below

 

Queries from existing clients will be given priority. However, even if you are not a client, we will try to help. Give us a call.

Don’t forget to check out our other articles covering various aspects of Coronavirus support.

Our Facebook and Twitter pages often have additional snippets.

 

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