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Applications for Self-Employment Income Support Scheme now open

Please note this article was published on 13th May 2020 and may be out of date. For the latest information about financial support around Coronavirus, please click here

The government’s scheme to support the self-employed has today opened for claims.

From 8am this morning (Wednesday 13th May) self-employed individuals or members of partnerships  whose  business has been adversely affected by  coronavirus will be able to apply for a Self-Employment Income Support Scheme (SEISS) grant worth 80% of  their  average monthly trading profits.

Millions are expected to benefit from the scheme with the payments – to be paid in a single instalment covering three months and capped at £7,500 – expected to land in bank accounts within six working days of each claim.

Everyone eligible for the SEISS, which is one of the most generous support schemes announced by any government in response to coronavirus, will be able to receive the government grant by 25 May, or within six days of a completed claim.

From today, people will be able to make their claim on a specified date between 13-18 May, based on their Unique Tax Reference number. HMRC has assigned eligible self-employed individuals a specific date to apply on and this can be checked on HMRC’s online checker.

Check if you are eligible for the scheme here.

People can check their date using HMRC’s online checker at any time.
https://www.tax.service.gov.uk/self-employment-support/enter-unique-taxpayer-reference