HMRC invite self-employed to get ready to make claim for COVID-19 support package

Updated: May 6


Starting today, HM Revenue and Customs (HMRC) will begin contacting taxi drivers and other self-employed workers who may be eligible for the government’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 months’ profits), paid in a single instalment to help cover some of the costs caused by the COVID-19 outbreak.

HMRC is also inviting customers, or their accountants, to go online and check their eligibility for SEISS.


In order to receive quick confirmation from the eligibility checker, individuals should:


  • have their Unique Taxpayer Reference (UTR) and their National Insurance Number to hand

  • make sure their details are up-to-date in their Government 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 claims service will open on 13 May and is being delivered ahead of the original timetable. This 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, and those eligible will have the money paid into their bank account by 25 May, or within six working days of completing a claim. 


Who’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 – and returns for 2016 to 2017 and 2017 to 2018 where needed – 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, and advise 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

Cabvision GIF July 2020.gif
  • Facebook TaxiPoint
  • Twitter TaxiPoint
  • YouTube TaxiPoint
  • Instagram
ltda banner.JPG
Ethos Banner 516x175 HS.gif
Market footer GIF.gif
TaxiPoint--300x200px-MLP-GIF.gif
private hire cover from Utility Saving Expert
advert gif.GIF
ltpr.GIF
300x200main.gif
RSS Feed

The views expressed in this publication are not necessarily those of the publishers.

 

All written and image rights are reserved by authors displayed. Creative Common image licenses displayed where applicable.

Reproduction in whole or in part without prior permission from the publisher is strictly prohibited.

All written content Copyright of TaxiPoint 2020.