Self-Employment Income Support Scheme

The Self-Employment Income Support Scheme provides a taxable grant of 80% of average monthly trading profits, paid in a single instalment of up to a total of £7,500.

How to check if you are eligible

Go to https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme#eligible

To complete this eligibility check, you’ll need to have your:

  1. National Insurance number.
  2. Self Assessment Unique Taxpayer Reference (UTR) number.

If you are eligible, you’ll then need your: Government Gateway user ID and password

If you need to set up an account click here https://www.gov.uk/personal-tax-account

If you have forgotten your details, follow the instructions on GOV‌.UK by searching for the ‘Self-Employment Income Support Scheme’. Please check your contact details are correct in your Government Gateway account.

You can access the financial support: You will receive an email soon to tell you when the claim system is available for you to use. We expect this to be from 13th May.

How to make a claim

You’ll need to make the claim yourself, although you can seek advice from us.

Once you have been contacted by HMRC with your claim date, please follow these simple steps to make your claim:

  1. All you will need are your Government Gateway user ID and password, bank account number and sort code.
  2. HMRC will calculate the income support you’re entitled to, based on the information you have submitted in your previous tax returns.
  3. After HMRC have received your claim and verified it, they will pay the money directly into your bank account within six working days.

A word about scams

We are aware of an increase in scam emails, calls and texts. If someone gets in touch claiming to be from HMRC, saying that financial help can be claimed or that a tax refund is owed, and asks you to click on a link or to give information such as your name, credit card or bank details, please do not respond. You can forward suspicious emails claiming to be from HMRC to phishing@hmrc.gov.uk and texts to 60599.

Please note this advice is the advice of https://www.gov.uk as correct at 13/05/20. As the situation is incredibly fast moving with advice changing all the time we strongly recommend that before acting on any advice you ensure that is the most recent advice available. Please appreciate that Plym Chamber can offer its members no warranty for the accuracy of any information contained in third party websites and you are advised to seek expert legal advice if in doubt.

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