Updates to the Coronavirus Self-employed Income Support Scheme (SEISS)
Deadlines and actions to share with your clients.
Individuals who are eligible to claim the SEISS grant will continue to claim this themselves as agents cannot claim this on their behalf. Agents should not try to use their clients’ login details to claim on their behalf as this will trigger a fraud alert and significantly delay any claims for their clients.
Agents can, however, assist their clients by furnishing them with the necessary information and preparing them with guidance on how to claim. Refer to our Agents’ Guidance for details of how you can help your clients.
For those individuals who are eligible to claim the grant, the application window will be closing on 13 July 2020 so now would be a good time to re-check that all your self-employed clients who are eligible for the grant have made their claims.
From 14 July 2020, individuals who are newly affected or continue to be adversely affected by coronavirus, the government has extended the SEISS grant scheme for a second grant. This will be for a lower amount than the first grant – 70% of the average monthly trading profits, paid out in a single instalment covering a further three months’ worth of profits, and capped at £6,570 in total. Applications for the second grant will open from August and HMRC has stated that applicants should not yet contact them as further guidance will be updated soon.
Further details of the scheme extension and how your clients can sign up for an email alert can be found in ACCA’s Guide to the SEISS