Second Self-Employment Income Support Scheme Grant

Second Self-Employment Income Support Scheme Grant

posted on August 18, 2020

by: Ian Marlow / 1 comments / Self-Employment

The second Self-Employment Income Support Scheme grant is now open. If you’re eligible and your business has been adversely affected by Covid-19 on or after 14 July 2020, you must make your claim for the second grant on or before 19 October 2020. HMRC will tell you the date from which you can make your claim.

Who is able to claim

  • You can make a claim even if you did not make a claim for the first grant if your business has been adversely affected on or after 14 July 2020.
  • You must also meet all other eligibility criteria.
  • You should not claim the grant if you’re a limited company or operating a trade through a trust.

What you will need

You will need your:

  • Self Assessment Unique Taxpayer Reference (UTR)
  • National Insurance number
  • Government Gateway user ID and password – if you do not have a user ID, you can create one when you make your claim
  • UK bank details (only provide bank account details where a BACs payment can be accepted) including:
    • account number
    • sort code
    • name on the account
    • your address linked to your bank account

How to make a claim

If you want to claim the second Self-Employment Income Support Scheme grant you must make your claim on or before 19 October 2020.

Claims for the first grant are now closed and the second Self-Employment Income Support Scheme grant will be the final one.

You must make the claim yourself. You must not ask a tax agent or adviser to claim on your behalf as this will trigger a fraud alert, which will delay your payment. But we are always glad to help clients through the process.

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Ian Marlow

Managing Director

Ian Marlow, an Elite Advisor for Quickbooks Online, has a passion for helping individuals and businesses in all aspects of online accounting and leads an experienced team of tax and accounting professionals.
published
18th August 2020
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