Self-employment Income Support Scheme

If you’re self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) you may be eligible to receive a grant from the Self-employment Income Support Scheme (SEISS).

Self-Employment Income Support Scheme (SEISS) fifth grant

The online service to claim the fifth grant will be available from late July 2021.

You will need to confirm that you meet eligibility criteria when you make your claim and must make your claim on or before 30 September 2021.

You can claim the fifth grant if you think that your business profit will be impacted by coronavirus (COVID-19) between 1 May 2021 and 30 September 2021.

The fifth grant is different from previous grants. In most cases, when making your claim you will need to tell HMRC about your business turnover so that they can work out your grant amount.

To make your claim, you will need to have two different turnover figures. You will need to work out your turnover for:

  • a 12-month period starting between 1 April 2020 and 6 April 2020
  • either 2019 to 2020 or 2018 to 2019

You can find out more about the fifth SEISS grant and how to prepare to claim.

HMRC will contact you in mid-July to give you a date that you can make your claim from. It will be given to you either by email, text message, letter or within the online service.

The grant is subject to Income Tax and self-employed National Insurance Contributions. It must be reported on your 2021 to 2022 Self Assessment tax return.

 

If you’re self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) you may be eligible to receive a grant from the Self-employment Income Support Scheme (SEISS).

Self-Employment Income Support Scheme (SEISS) fifth grant

The online service to claim the fifth grant will be available from late July 2021.

You will need to confirm that you meet eligibility criteria when you make your claim and must make your claim on or before 30 September 2021.

You can claim the fifth grant if you think that your business profit will be impacted by coronavirus (COVID-19) between 1 May 2021 and 30 September 2021.

The fifth grant is different from previous grants. In most cases, when making your claim you will need to tell HMRC about your business turnover so that they can work out your grant amount.

To make your claim, you will need to have two different turnover figures. You will need to work out your turnover for:

  • a 12-month period starting between 1 April 2020 and 6 April 2020
  • either 2019 to 2020 or 2018 to 2019

You can find out more about the fifth SEISS grant and how to prepare to claim.

HMRC will contact you in mid-July to give you a date that you can make your claim from. It will be given to you either by email, text message, letter or within the online service.

The grant is subject to Income Tax and self-employed National Insurance Contributions. It must be reported on your 2021 to 2022 Self Assessment tax return.

 

Self-employment Income Support Scheme

Our Offices

King's Lynn Office

22-26 King Street, King’s Lynn,
Norfolk, PE30 1HJ

T:   01553 774104

F:   01553 692602

E:   enquiries@stephenson-smart.com

Great Yarmouth Office

East Coast House, Galahad Road, Beacon Park,
Gorleston, Great Yarmouth, Norfolk, NR31 7RU

T:   01493 382500

F:   01493 651172

E:   greatyarmouth@stephenson-smart.com

Fakenham Office

10 Oak Street, Fakenham,
Norfolk, NR21 9DY

T:   01328 863318

F:   01328 855732

E:   fakenham@stephenson-smart.com

Wisbech Office

2 The Crescent, Wisbech,
Cambridgeshire, PE13 1EH

T:   01945 463383

F:   01945 475968

E:   wisbech@stephenson-smart.com

March Office

23 Dartford Road, March,
Cambridgeshire, PE15 8AN

T:   01354 653026

F:   01354 650337

E:   march@stephenson-smart.com

Downham Market Office

1st Floor, 9 Market Place,
Downham Market, Norfolk, PE38 9DG

T:   01366 384121

F:   01366 381309

E:   downhammarket@stephenson-smart.com

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