Support for the self-employed
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Self-employed Income Support Scheme
The Self Employment Income Support Scheme (SEISS) is in its third phase, covering from 1 February to 30 April 2021.
To make a claim for the third grant your business must have had a new or continuing impact from coronavirus between 1 November 2020 and 29 January 2021, which you believe will have a significant reduction in your profits.
The third taxable grant is worth 80% of your average monthly trading profits, paid out in a single instalment covering 3 months' worth of profits, and capped at £7,500.
Scam awareness
If you receive texts, calls or emails claiming to be from HMRC, offering financial help or a tax refund and asking you to click on a link or to give personal information, it is a scam. You should email it to phishing@hmrc.gov.uk and then delete it.
Support if you are not eligible
If you are ineligible for the scheme, you may wish to consider making an application for Universal Credit. This is a payment to help with living costs, it is paid monthly and is calculated based on your household and income circumstances. Universal Credit can also help you with your housing costs.
Visit: GOV.UK - Universal Credit
Phone: 08003285644
Textphone: 08003281344
You can contact the Citizens Advice Bureau if you need help with the online process.
You could also consider other options to manage your finances, for example, applying for Council Tax Support or arranging a mortgage holiday with your bank. Shelter have published some useful housing advice for people who rent or own their homes.
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