If you’re self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) use this scheme if you’re eligible to claim the grant.
The government announced today the 2nd Government grant application portal is now live!
You can check if you are eligible by visiting the government website by clicking here.
If you didn’t make a claim for the first grant and your business has been adversely affected on or after July 14th 2020 you may be able to claim. The government website also states you must also meet all other criteria too. You MUST make a claim on or before October 19th 2020.
The scheme is now open. Make your claim from the date we give you. If you’re eligible and your business has been adversely affected on or after 14 July 2020, you must make your claim for the second grant on or before 19 October 2020.
All of the following must also apply:
- you traded in the tax year 2018 to 2019 and submitted your Self Assessment tax return on or before 23 April 2020 for that year
- you traded in the tax year 2019 to 2020
- you intend to continue to trade in the tax year 2020 to 2021
You cannot claim the grant if you trade through a limited company or a trust.
If you claim Maternity Allowance this will not affect your eligibility for the grant.
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.
How will the government work out my eligibility? Click here to find out!
You must make the claim yourself. You must not ask a tax agent or adviser to claim on your behalf as this will trigger a fraud alert, which will delay your payment.
You may also have to prove that your business has been affected by Covid-19.
Please visit the official government website by clicking the button below.