Self-employed invited to get ready to make their claims for coronavirus (COVID-19) support

HMRC are beginning to contact customers who may be eligible for the government’s Self-Employment Income Support Scheme (SEISS).

Those who are eligible will be able to claim a taxable grant worth 80% of their average trading profits up to a maximum of £7,500 (equivalent to three months’ profits), paid in a single instalment.

You can check your eligibility using the new online checker tool. Once the online check is complete, those who are eligible will be given a date when they can submit their claim.

The claims?service?will open on 13 May and is being?delivered?ahead of the original timetable. The claims process will be very simple,?and those eligible will have the money paid into their bank account?by 25 May, or within?six working days?of completing a claim.?

There is also further guidance available on ‘How HMRC works out trading profits and non-trading income for the Self-Employment Income Support Scheme’ and ‘How different circumstances affect the Self-Employment Income Support Scheme’.