Second Self-Employed Income Support Scheme opens Next Week!
From 17th of August the second phase of the Self-Employed Income Support Scheme (SEISS) will open. HMRC will write to those eligible with a specific date to make a claim. You can make a claim anytime from that date until 19th October.
If you were eligible for the 1st scheme you will still be eligible as long as you can show your business has been adversely affected from the 14th July onwards.
This time the grant will cover 70% of average monthly trading profits and will still be taxable.
Self-employed Income Support for Parents
In news for self-employed parents who’ve had to stay home to look after children and suffered a drop in income. You will now also be able to claim if you meet the eligibility criteria
For further details on SEISS please click here
Kick Start Scheme
We’re still waiting for more details of this scheme. Aimed to help 16-24 years old into work it will pay 100% of their wages for 25 hours per week.
However our current understanding is that it is to be administered by Job-Centre Plus and the employers. Candidates will need to register with them.
How candidates will be matched to jobs is not yet clear.
We will keep you posted as more information emerges.
Please can you help?
Before lock down we let you know that we had started the necessary, but frustrating task of moving all our clients over to a new HMRC Portal. Now we are back in the office we’re at it again.
Over the coming weeks and possibly months ( it is really that time consuming!!) you may receive a number of separate HMRC authorisation codes relating to any services you have, such as Personal Tax, VAT, Payroll and Corporation tax.
These codes are each unique and we need them to register, so please email any you receive to us straightaway, so that we can continue to deal with HMRC directly on your behalf.
Charity Dinner Update
When we chose a Masked Ball theme for our Charity Dinner in March 2020 we never realised quite how ironic that would be!
As 21st March was when the pandemic was sweeping across the country we had no option but to postpone it until 10th October 2020.
Sadly we’ve now been forced to put it back until 20th March 2021. So please adjust your diaries!
Hopefully by then the only masks on display will be the Masque kind…
Have A Nice Weekend
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