HMRC has updated its guidance on CJRS with various updates for employers as well as employees.
The Government’s Self-Employment Income Support Scheme (SEISS) has been live since Wednesday 13 May.
If you’re eligible and your business has been adversely affected you must make your claim for the first grant on or before 13 July 2020.
This scheme is being extended, if your business has been adversely affected on or after 14 July 2020, and you were eligible for the first grant, you’ll be eligible for the second and final grant.
The second taxable grant will be 70% of your average monthly trading profits, paid out in a single installment covering a further 3 months’ worth of profits, and capped at £6,570 in total.
You can claim for the second grant even if you did not make a claim for the first grant.
The online service for the second and final grant is not available yet.
You’ll be able to claim the second grant in August 2020.
We will update this page when the online claim service is available.
From today (Monday 4 May), HM Revenue and Customs (HMRC) are beginning to contacting 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.