2nd SEISS GRANT
Wednesday, August 12, 2020
Urgent Notice for Self-Employed
Re. The 2nd SEISS Grant
The scheme is now closed to new claims for the first grant but the scheme has been extended. If you were eligible for the first grant and can confirm to HMRC that your business has been adversely affected on or after 14 July 2020, you’ll be able to make a claim for a second and final grant.
You can make a claim for the second and final grant if you’re eligible, even if you did not make a claim for the first grant.
The online service is not available yet. If you’re eligible you’ll be able to make a claim for a second and final grant from 17 August 2020. HMRC will contact you if you’re eligible. As previously, Accountants/Agents cannot make a claim on behalf of their clients
The 2nd scheme will allow you to claim a taxable grant of 70% of 3 months of trading profits, up to a maximum of £6,570, paid out in a single instalment covering 3 months.
There is also an Eligibility Checker as per below link.
https://www.tax.service.gov.uk/self-employment-support/enter-unique-taxpayer-reference
You will need to enter UTR and NI numbers to see if you are eligible you will then need to sign into your Gateway account.
To learn more please refer to our web site www.huntford.net
Regards
Les