Head of Services
The scheme will allow you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether. This is a temporary scheme, but it may be extended.
If you receive the grant you can continue to work, start a new trade or take on other employment including voluntary work, or duties as an armed forces reservist.
The grant does not need to be repaid but will be subject to Income Tax and self-employed National Insurance.
There is other support available if you’re not eligible for the grant.
HMRC will work out if you’re eligible and how much grant you may get. But you can follow these steps to help you understand how we will do this and what you can do now.
Who can claim
You can claim if you’re a self-employed individual or a member of a partnership and all of the following apply:
Your business could be adversely affected by coronavirus if, for example:
You should not claim the grant if you’re a limited company or operating a trade through a trust.
To work out your eligibility we will first look at your 2018 to 2019 Self Assessment tax return. Your trading profits must be no more than £50,000 and at least equal to your non-trading income.
If you’re not eligible based on the 2018 to 2019 Self Assessment tax return, we will then look at the tax years 2016 to 2017, 2017 to 2018, and 2018 to 2019.
Find out how we will work out your eligibility including if we have to use other years.
Grants under the Self-Employment Income Support Scheme are not counted as ‘access to public funds’, and you can claim the grant on all categories of work visa.
You must make the claim yourself. Your tax agent or adviser must not claim on your behalf as this will trigger a fraud alert, and you will have to contact HMRC. This will cause a significant delay to you receiving your payment.
How different circumstances affect the scheme
Check if your circumstances affect your eligibility for the following:
Check if you’re eligible to claim
You can check online to find out if you’re eligible to make a claim. Your tax agent or adviser can also check your eligibility on your behalf.
You’ll need your:
Online services may be slow during busy times. Find out if there are any problems with this service.
If you’re eligible
We’ll tell you the date you’ll be able to make your claim from, and ask you to add your contact details.
If you can claim straightaway you’ll also need your:
You’ll have to confirm to HMRC that your business has been adversely affected by coronavirus.
If you’re not eligible
We have used the information you or your tax agent or adviser sent us on your Self Assessment tax returns to work out your eligibility.
If you submitted your returns between 26 March 2020 and 23 April 2020 check your eligibility again as the online service has been updated.
If you think you are eligible, you should first check who can claim or contact your tax agent or adviser for help.
If you still think you should be able to claim you can ask HMRC to review your eligibility.
How much you’ll get
You’ll get a taxable grant based on your average trading profit over the 3 tax years:
We will work out your average trading profit by adding together your total trading profits or losses for the 3 tax years, then we will divide by 3.
The grant will be 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether. The online service will tell you how we’ve worked your grant out.
The grant amount we work out for you will be paid directly into your bank account, in one instalment.
How to claim
The online service is now available. Make your claim from the date we gave you.
If you’re unable to claim online you should contact HMRC for help.
If you receive texts, calls or emails claiming to be from HMRC, offering financial help or a tax refund and asking you to click on a link or to give personal information, it is a scam. You should email it to firstname.lastname@example.org and then delete it.
Other help you can get
Get other financial support
You can make a claim for Universal Credit while you wait for the grant. The grant may affect the amount of Universal Credit you get, but will not affect claims for earlier periods.
The government is also providing the following help for the self-employed:
If you have other employment as a director or employee paid through PAYE your employer may be able to get support using the Coronavirus Job Retention Scheme.
Get help online
You can watch videos and register for free webinars to learn more about the support available to help you deal with the economic impacts of coronavirus.
Use HMRC’s digital assistant to find more information about the coronavirus support schemes.
We are receiving very high numbers of calls. Contacting HMRC unnecessarily puts our essential public services at risk during these challenging times.
But you can contact HMRC if you cannot get the help you need online.
further support please call the growth hub team on 01293 305965
Head of Services
Growth Grant Project Manager
Account Manager Team Leader
Business Growth Executive
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