Scheme Opens Earlier Than Expected!
This week HMRC will start contacting self-employed people who are likely to be eligible, through a combination of emails, SMS texts and letters, to tell them what they need to do to get ready to claim. Applications will open in tranches based on the unique taxpayer number (UTR) given to all self-employed taxpayers.
From this week, people will be able to use a new online eligibility checker. If the checker confirms that they are eligible (and they qualify due to being affected by coronavirus and because they intend to continue trading), they will be given a date when they can use the online service to make a claim from 13 May.
Payments will be made to claimants’ bank accounts from 25 May 2020 (ahead of the original June schedule)
Self Employed Income Support Scheme Eligibility checker see: https://www.tax.service.gov.uk/self-employment-support/enter-unique-taxpayer-reference
If you would like help navigating your business through these challenging times please call 01803 296678 and talk to Andrew Price.