Sorry. You need to upgrade your browser

You are using Internet Explorer 8

This is considered an out of date browser. This website has been developed with modern browsers in mind to allow it to display at its best in a wide variety of viewing situations - including mobile viewing. But we haven't supported older browsers like IE8. Please upgrade to the latest version of Internet Explorer - or try Mozilla Firefox or Google Chrome. Both are excellent browsers.

Thank you.

Chartered Certified Accountants
and Business Advisors

01530 447999

COVID-19 Self-Employed Income Support Scheme - what you need to know!

What's happened so far....

HMRC have started contacting those of you who are self-employed who they think could be eligible for the Self-Employment Income Support Scheme (SEISS).  This is based on the information you provided in your 2018/2019 tax return.

They’re inviting these individuals to use their online checker which will quickly confirm whether you are eligible and will give you a specific date from which you can make a claim.

You may already have been contacted about this process, this information gives you a little bit more background on how it will work.

Unlike the furlough claims as your agent, we won’t be able to make a claim on behalf of our clients unfortunately and so all we can do during this process is hold your hand and guide you as much as possible.

How to use their online checker

To use their online checker, you will need your Unique Taxpayer Reference Number and your National Insurance Number.  You should have plenty of documentation with this on and more recently HMRC have been sending out your notices to file a 2019/2020 tax return – both these details will be on here.

If you are eligible, you will be given a date, between 13 and 18‌‌ May, from which you can apply. This date is assigned randomly to help HMRC manage demand on the service, making sure that everyone who needs to make a claim can do so.

You will also be asked to provide Government Gateway credentials (user ID and password) and check that your bank and contact details are up to date. This is important so that they can remind you by email or text message when it’s your turn to make a claim.

If you don’t have Government Gateway credentials, you can set these up by following their guidance when using the SEISS eligibility checker. There will be no requirement for you to wait for pins or codes through the post, this will be immediate.

We encourage you to do this as soon as possible to avoid delays of any monies coming through to support you during these times.

If you don’t have online access

We have been informed that HMRC will start to write out to people during May to give them an alternative way to claim. 

The application process

The application process will show how HMRC has calculated the grant to you. You will be able to share this calculation with us, so we have this ready for when we need it.  We can also check anything you’re unsure of.

A word about scams

We are aware of an increase in scam emails, calls and texts. Eligible customers will be invited to claim through GOV‌.UK – it is the only service you can use. If someone gets in touch with you claiming to be from HMRC, saying that financial help can be claimed or that a tax refund is owed, and asks you to click on a link or to give information such as their name, credit card or bank details, do not respond. It is a scam.  Contact us if you’re unsure.

Suspicious emails claiming to be from HMRC should be reported to us by sending them to phishing@hmrc.gov.uk. Texts should be sent to 60599.

Get in touch

We are here to support you all as much as possible so please do contact us if you’re unsure of anything or feel you need help with it all - email info@senceaccounting.co.uk or call 01530 447999.

12 May 2020

« Back to latest news

Latest news

Government Funding & Loan Support Schemes

The Government has, since the start of the pandemic, announced support and funding options available to businesses of al...

Click to read more >

Statutory Sick Pay Rebate Scheme

HMRC have announced that they will launch this scheme online on the 26th May 2020. The scheme will enable employers w...

Click to read more >

COVID-19 Self-Employed Income Support Scheme - what you need to know!

What's happened so far.... HMRC have started contacting those of you who are self-employed who they think could be el...

Click to read more >

Staff Retention Scheme Online Portal Launch

HMRC are expecting to launch the online portal for businesses to register furloughed employees on Monday 20th April ...

Click to read more >

COVID-19 Cash Grants Updates

Here’s a bit of an update we've had this week from North West Leicestershire District Council on the cash grant pay-ou...

Click to read more >

Covid-19 Further updates & measures introduced to help if you are a Self-employed individual and/or Partners of Partnerships

Quick content links Taxable grants Self-Assessment Information VAT Payments Time to Pay Universal Credit ...

Click to read more >

Covid-19 Further updates & measures introduced to help if you are a Director and/or have a Limited Company

Quick content links Self-Assessment Information VAT Payments Time to Pay Universal Credit Business loan i...

Click to read more >

Budget Overview

It seems like an age ago already, but it was only the 11th March when Chancellor Rishi Sunak presented his first Budget....

Click to read more >

COVID-19 - Support for employers and employees

Keeping you updated with where to find the latest information and guidance relating to COVID-19. COVID-19 " Support...

Click to read more >

COVID-19 - Notice to clients

As a responsible business we are looking to support and protect our clients and staff during this current period of unce...

Click to read more >

Home Sweet Home!

Changes to Capital Gains Tax - Applicable if you own more than one home, otherwise a good read! For many, owning and ...

Click to read more >

Changes to NMW and NLW from April 1st 2020!

From the 1st April 2020 the National Minimum & National Living Wage rates will increase. The National Minimum Wag...

Click to read more >

Tax changes for “greener” employer provided cars

There is significant movement in the provision of electric vehicles into the UK market. In the last month the Government...

Click to read more >

How can we help?

 

Submit

Testimonial

A professional service at all times given by a friendly team who are always happy to help and work at our premises.

Steve Tallett and Lyndsey Watson
Crescent Motoring Services Ltd

Click to read the full testimonial >