Claim portal now open for second self-employed support grant

If you’re self-employed or a member of a partnership and have been adversely affected by COVID-19, you can now claim a second grant.

The scheme allowed you to claim a first taxable grant and applications for the first grant closed on 13 July 2020.

Applications for the second and final grant are now open. If you’re eligible and your business has been adversely affected on or after 14 July 2020, you must make your claim for the second grant on or before 19 October 2020.

The second and final taxable grant is worth 70% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £6,570 in total.

The government will work out your eligibility for the second grant in the same way as the first grant. You can make a claim for the second grant if you’re eligible, even if you did not make a claim for the first grant.

Click here to check if you are eligible and to claim.

How the grant works

If you receive the grant you can:

– continue to work
– start a new trade or take on other employment including voluntary work and duties as a military reservist

The grant does not need to be repaid if you’re eligible, but will be subject to Income Tax and self-employed National Insurance.

HMRC will work out if you’re eligible and how much grant you may get. But you can follow these steps to help you understand how we will do this and what you can do now.

Who can claim

You can claim a grant if you’re a self-employed individual or a member of a partnership and your business has been adversely affected due to coronavirus.

To make a claim for the second and final grant your business must have been affected on or after 14 July 2020.

All of the following must also apply:

– you traded in the tax year 2018 to 2019 and submitted your Self Assessment tax return on or before 23 April 2020 for that year
– you traded in the tax year 2019 to 2020
– you intend to continue to trade in the tax year 2020 to 2021

You cannot claim the grant if you trade through a limited company or a trust.

If you claim Maternity Allowance this will not affect your eligibility for the grant.

To work out your eligibility HMRC will first look at your 2018 to 2019 Self Assessment tax return. Your trading profits must be no more than £50,000 and at least equal to your non-trading income.

If you’re not eligible based on the 2018 to 2019 Self Assessment tax return, we will then look at the tax years 2016 to 2017, 2017 to 2018, and 2018 to 2019.

Click here to check if you are eligible and to claim.