IRRV Alert - week ending 8th May 2020
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COVID-19: Self-employed invited to get ready to make their claims for coronavirus support (4 May 2020)
COVID-19: Self-employed invited to get ready to make their claims for coronavirus support
4 May 2020
HM Revenue and Customs (HMRC) will begin contacting customers who may be eligible for the government’s Self-Employment Income Support Scheme (SEISS).
Individuals are eligible if their business has been adversely affected by coronavirus, they traded in the tax year 2019 to 2020, intend to continue trading, and they:
- earn at least half of their income through self-employment
- have trading profits of no more than £50,000 per year
- traded in the tax year 2018 to 2019 and submitted their Self Assessment tax return on or before 23 April 2020 for that year
For further information please visit the GOV.UK website.
Please visit the Business Wales Coronavirus advice for businesses pages for information for your business on dealing with the Coronavirus outbreak.