{"id":1795,"date":"2020-07-22T08:23:21","date_gmt":"2020-07-22T07:23:21","guid":{"rendered":"http:\/\/www.pmabookkeeping.co.uk\/?p=1795"},"modified":"2020-07-22T08:23:21","modified_gmt":"2020-07-22T07:23:21","slug":"check-if-you-can-claim-a-grant-through-the-self-employment-income-support-scheme","status":"publish","type":"post","link":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/check-if-you-can-claim-a-grant-through-the-self-employment-income-support-scheme\/","title":{"rendered":"Check if you can claim a grant through the Self-Employment Income Support Scheme"},"content":{"rendered":"<p>If you&#8217;re self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) find out if you can use this scheme to claim a grant.<\/p>\n<p>The scheme has been extended. If you were eligible for the first grant and can confirm to HMRC that your business has been adversely affected on or after 14 July 2020, you\u2019ll be able to make a claim for a second and final grant from 17 August 2020.<\/p>\n<p>The scheme allows you to claim a second and final taxable grant worth 70% of your average monthly trading profits, paid out in a single instalment covering 3 months\u2019 worth of profits, and capped at \u00a36,570 in total.<\/p>\n<p>As with the first grant HMRC will contact you if you\u2019re eligible.<\/p>\n<p>We will work out your eligibility for the second grant in the same way as the first grant.<\/p>\n<p>You can make a claim for the second grant if you\u2019re eligible, even if you did not make a claim for the first grant.<\/p>\n<h2 id=\"how-the-grant-works\">How the grant works<\/h2>\n<p>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 a military reservist.<\/p>\n<p>The grant does not need to be repaid but will be subject to Income Tax and <a class=\"govuk-link\" href=\"https:\/\/www.gov.uk\/self-employed-national-insurance-rates\">self-employed National Insurance<\/a>.<\/p>\n<p>HMRC will work out if you\u2019re 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.<\/p>\n<ol class=\"steps\">\n<li>Find out <a class=\"govuk-link\" href=\"https:\/\/www.gov.uk\/guidance\/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme#check\">who can claim<\/a>.<\/li>\n<li>Find out <a class=\"govuk-link\" href=\"https:\/\/www.gov.uk\/guidance\/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme#howmuch\">how HMRC works out your grant<\/a>.<\/li>\n<li>Make your claim when the online service is available.<\/li>\n<li>Find out when you\u2019ll <a class=\"govuk-link\" href=\"https:\/\/www.gov.uk\/guidance\/claim-a-grant-through-the-self-employment-income-support-scheme#return-to-your-claim\">get the money paid into your bank and how to record the grant<\/a>.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;re self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) find out if you can use this scheme to claim a grant. The scheme has been extended. If you were eligible for the&hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1795","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1795"}],"collection":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=1795"}],"version-history":[{"count":1,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1795\/revisions"}],"predecessor-version":[{"id":1796,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1795\/revisions\/1796"}],"wp:attachment":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=1795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=1795"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=1795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}