Self-Employed can claim up to £6,570 as a second grant to cover lost income in June, July and August.
On 17th August the application to make the claims became available.
Below we answer the most popular questions regarding this second and final grant for the Self-Employed.
The HMRC online service to claim the second Self-Employed grant is available now. To make your claim visit the following webpage HMRC Self-Employed August Grant.
The Self-Employed grant claim will be paid within 6 working days of applying.
To make the claim you will need the following information:
– Unique Taxpayer Reference (UTR)
– National Insurance Number (NI number)
– Government Gateway ID and password
– UK Bank details
The first Self-Employment grant paid 80% of regular profits for 3 months up to a maximum of £7,500.00.
The August grant is slightly lower paying 70% of regular profits for 3 months up to a maximum of £6,570.00.
The rules to claim the Self-Employment grant in August are almost identical to the original grant claim.
As a result if you weren’t eligible for the original grant you won’t be eligible for this second grant.
The only additional requirement for the August grant is that the business has been adversely affected from 14th July 2020.
Examples provided by HMRC include you are having to shield, off sick with coronavirus, self-isolating or have caring responsibilities. Also, if the business has been adversely affected as supply chain has been interrupted, you have fewer customers or your staff are unable to work.
See some of the detailed examples provided by HMRC on adversely affected.
The grant claim is to cover the months of June, July and August. Therefore it does seem strange to have a condition that the business must be adversely affected from 14th July 2020.
The only reason we can assume as to why this date has been introduced is to reduce the number of claims.
A significant number of Self-Employed businesses remained shut in June or were slow to re-open. By mid-July this would have improved as restrictions were relaxed.
As a result the cost to the treasury of paying the second Self-Employed grants in August will be reduced with this 14th July condition.
Yes, Self-Employed individuals can claim either grants or both if conditions are satisfied.
An example of this could be where a business has been able to trade normally throughout. In August the staff are forced to self-isolate for 14 days ceasing all trade. This would be an acceptable reason to claim the August grant but not the first Self-Employment grant.
No. The original Self-Employed grant ceased to be available on the 13th July 2020.
The Self-Employed grant claims commence on 17th August 2020. The deadline to make the claim is the 20th October 2020.
Unfortunately not. The requirement is that the Self-Employed individual must make the claim themselves.
HMRC have confirmed that their systems may trigger the claim as a fraud alert, if it is claimed by a third party.
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