DEADLINE DATE TO MAKE A CLAIM FOR THE THIRD SEISS IS FRIDAY 29 JANUARY 2021
Self-employed people
You may be able to claim against the Self-Employment Income Support Scheme if you:
- are self employed or a member of a partnership
- and adversely affected by covid-19 on or after 14 July 2020
There are two rounds of grants available to cover:
- November 2020 to January 2021
- February 2021 to April 2021
You will be able to apply for from 30 November 2020.
Am I eligible for the third SEISS grant?
You can find all you need to know about SEISS, including the eligibility criteria for the third grant, on GOV.UK by searching ‘Self-Employment Income Support Scheme’.
I have lost my Unique Taxpayer Reference (UTR)/National Insurance Number (NINO)/Government Gateway user ID and/or password, what should I do?
During the SEISS online claim process, there are prompts for recovering lost UTR, NINO and Government Gateway credentials. You should be able to get these details online without having to call HMRC.
What if my business recovers after i’ve claimed the third grant?
If your business recovers after you’ve claimed, your eligibility will not be affected as this is based on their reasonable belief that your trading profits would have been significantly impacted when you made your claim. Anyone who receives a grant must keep evidence in support of their claim, and we strongly recommend you do this.
Should I take into account the value of previous SEISS grants when deciding whether I can claim the third SEISS grant?
You do not have to consider any other coronavirus scheme support payments that have already been received when deciding whether you reasonably believe that you will suffer a significant reduction in trading profits. This reduction needs to be due to reduced activity, capacity, demand or inability to trade due to coronavirus during 1 November 2020 to 29 January 2021.
Do I need to declare the grant on my 2019-20 Self Assessment tax return?
Similar to the first and second SEISS grants, the third SEISS grant will also be subject to Income Tax and self-employed National Insurance. Alongside the first and second grants, the third grant should be reported on your 2020-21 Self Assessment tax returns (filing deadline 31 January 2022). You must inform us of the payments claimed to ensure this is correctly shown on your 2020/21 tax return.
How can I find out more about the fourth SEISS grant?
HMRC will contact you when details of the fourth SEISS grant are confirmed.
Where can I get further support?
There’s a list of CJRS monthly claims deadlines and a helpful step-by-step guide on GOV.UK, summarising the latest information on CJRS and the steps you need to take to make a claim – you can find these by searching ‘Job Retention Scheme step-by-step guide’.
If you need any advice on making a claim then please contact our team…………………………
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