Harts CHARTERED ACCOUNTANTS

Self Employment Income Support Scheme

6th May
Self Employed

Are you Eligible?

Further detail is now available in respect of the Self-employment income support scheme (SEISS).

To find out if you are eligible and the date you can process your claim please follow the online tool. Please note you need your National Insurance number and Unique Tax Reference (UTR) to hand.

Remember this scheme only applies to self-employment income and not on dividends from a Limited Company.

Access the Online Tool here

For further information on SEIS

Discretionary fund for small businesses

A discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme.

This additional fund is aimed at small businesses with ongoing fixed property-related costs. Government are asking local authorities to prioritise businesses in shared spaces, regular market traders, small charity properties that would meet the criteria for Small Business Rates Relief, and bed and breakfasts that pay council tax rather than business rates. But local authorities may choose to make payments to other businesses based on local economic need. The allocation of funding will be at the discretion of local authorities.

Businesses must be small, under 50 employees, and they must also be able to demonstrate that they have seen a significant drop of income due to Coronavirus restriction measures.

See more information on the Local Business Grant Fund

Personal Protective Equipment (PPE)

We appreciate this is a niche item but is appropriate for some of our clients. Personal Protective Equipment for 3 months from the 1 May 2020 will be zero rated so no VAT should be charged on these products. The link below provides more detail for those that this applies to.

See more information on PPE VAT