IRRV Alert - week ending 13th November 2020

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Tell HMRC if you’ve stopped trading and review your eligibility for the Self-Employment Income Support Scheme (13 November 2020)

 

 

 

 

 

Form

Tell HMRC if you’ve stopped trading and review your eligibility for the Self-Employment Income Support Scheme

Use this form if you received an email from HMRC, asking you to confirm if you’ve stopped trading so we can check if you were eligible for the grant.

Published 13 October 2020
Last updated 13 November 2020 — see all updates

From:

HM Revenue & Customs

Documents

Confirm whether you stopped trading before you claimed a Self-Employment Income Support Scheme grant

https://www.tax.service.gov.uk/submissions/new-form/confirm-if-stopped-trading-before-seiss-grant-claimed

Details

You must complete the form on or before the 20 November 2020 to confirm whether or not you were eligible for the grant. You will not be able to make a further claim if you do not do this.

Once you complete the form, any further claim may still be delayed.

If you claimed a grant on the Self-Employed Income Support Scheme you’ll need to confirm with HMRC whether or not you’ve stopped trading. If you have stopped trading and permanently closed your business, we will need to check if you were eligible for your grant. If you were not, we will contact you to arrange for you to pay it back.

If you have not stopped trading and not closed your business, you still need to tell us. We may contact you to ask for evidence to prove you’re still trading.

When you must tell us

This depends on the date you received your grant, so if you received the grant:

  • before 22 July 2020 you must tell us on or before 20 November 2020
  • on or after 22 July 2020 you must tell us within 90 days of receiving the grant

If you do not tell us by these dates, you may have to pay a penalty.

We will contact you within 60 days to tell you how to either:

  • pay any amount due
  • provide information we need

Published 13 October 2020
Last updated 13 November 2020 + show all updates


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