HMRC to begin contacting self-employed who may be eligible for support
It has been announced that HMRC will today start contacting those who may be eligible for the government’s Self Employment Income Support Scheme.
Those who are eligible will be able to claim a taxable grant worth 80% of their average trading profits up to a maximum amount of £7,500. This will be paid in a single instalment.
HMRC have also asked those who believe they may be entitled to this scheme to go online and check their eligibility. To do this, you will need to have your Unique Taxpayer Reference (UTR), National Insurance number and up to date details in the Government Gateway account.
Once the check has been carried out, those eligible will be given a date when they can submit their claim. Once submitted, the money should be paid into the nominated bank account within six working days. This service will not open until 13th May, which is ahead of the original schedule.
The scheme is designed to help millions of self-employed workers in a wide variety of industries who have been affected by the coronavirus pandemic.
To find out if you are eligible, or for more information, please visit: Self-Employed Invited to Get Ready to Make Their Claims For Coronavirus Covid-19 Support
