If you are self-employed or a member of a partnership you may be eligible to claim a second SEISS Grant
Self-employed who were eligible for the first grant and can confirm to HMRC that their business has been adversely affected on or after 14 July 2020, will be able to make a claim for a second and final grant from 17 August 2020.
Self-employed may make a claim for the second and final grant if they are eligible, even if they did not make a claim for the first grant.
What you will need
You will need your:
- Individual Unique Tax Reference
- 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
Claim the SEISS Grant
The online service is not available yet. If you are eligible you will be able to make a claim for a second and final grant from 17 August 2020. HMRC will contact you if you are eligible.
Claims will be checked by HMRC and will take appropriate action to withhold or recover payments found to be dishonest or inaccurate
If your business recovers after you’ve claimed, your eligibility will not be affected. You must keep evidence to confirm your business was adversely affected at the time you made your claim.
Record keeping and reporting
Please keep a record of:
- amount claimed
- grant claim reference
evidence that your business has been adversely affected by coronavirus at the time you made your claim, such as:
- business accounts showing a reduction in turnover
- confirmation of any coronavirus-related business loans you have received
- business closure dates
- dates you or your staff were unable to work due to coronavirus symptoms, shielding or caring responsibilities
The Self-Employed Income Support Scheme Grant is taxable and should be reported:
- on your Self-Assessment tax return for tax year 2020 to 2021
- as self-employed income for any Universal Credit claims
- as self-employed income as changes to your tax credits claims
For Universal Credit and tax credit claims the grant should be treated as income received on the day it is paid
The grant does not need to be repaid but will be subject to Income Tax and Class 2 and Class 4 national insurance from the day you receive it.
The SEISS Grant is outside the scope of Value Added Tax.