If you are applying for the fifth and final grant of the Self-Employment Income Support Scheme (SEISS), you must ensure that your application and any necessary documents are with HM Revenue & Customs (HMRC) by 30th September. You can make your claim here. If you fail to submit your claim in time, it will not…
Download our latest guide to make sure you are taking advantage of the support on offer As we enter yet another national lockdown, businesses may be concerned about their ability to survive and succeed in the weeks and months ahead. The level of support on offer from the Government and local authorities is unprecedented via…
The Chancellor, Rishi Sunak, has announced a package of one-off grants worth between £4,000 and £9,000 for businesses in the retail, hospitality and leisure sectors, following the announcement of a nationwide lockdown in England lasting until at least mid-February. The new scheme will be accessed through local authorities and offers funding based on the rateable…
Individuals eligible for the first Self-Employment Income Support (SEISS) grant must submit their claim by 13 July 2020. The first round of SEISS funding allows self-employed individuals, who have been adversely affected by COVID-19 on or before 13 July 2020, to claim a taxable grant worth 80 per cent of three months’ average monthly trading…
With thousands of workers on lower incomes as a result of the coronavirus pandemic, it is not surprising that many individuals need to dip into savings to support themselves. Unfortunately, those with money saved in a Lifetime ISA (LISA) face a penalty for doing so. To help these savers, the Government has announced that the…
By now many businesses eligible for grant funding from their local authority, either via the Small Business Grants Fund or the Retail, Hospitality and Leisure Grant Fund, should have been contacted to make them aware that they are eligible, with some already receiving funding. However, there are still lots of businesses out there who think…
HM Revenue & Customs (HMRC) will start contacting individuals who may be eligible for the Self-Employment Income Support Scheme (SEISS). The tax authority has said that from 4 May 2020 onwards it will begin reaching out to those who can benefit from the scheme, which will provide a taxable grant worth 80 per cent of…
Find out more about deferring your VAT payments here.
You can claim for the Self-employment Income Support Scheme (SEISS) if you’re a self-employed individual or a member of a partnership and you: have submitted your Self-Assessment tax return for the tax year 2018 to 2019 traded in the tax year 2019 to 2020 are trading when you apply, or would be except for Coronavirus…
