Caerphilly Observer
Member Sign in Manage Membership
Become a Member - no ads
Menu
  • News
    • Senedd
    • Business
    • Newport
    • Opinion
  • Sport
    • Rugby union
    • Football
  • Membership & Subscriptions
  • Notices
  • Advertise
  • About
  • Sponsored Content
Menu

HMRC invites self-employed to get ready to make claims

News | | Published: 14:04, Thursday May 7th, 2020.
Last updated: 14:04, Thursday May 7th, 2020

HM Revenue and Customs (HMRC) will start contacting around three and a half million customers who may be eligible for the government’s Self-Employment Income Support Scheme (SEISS) to explain the application process and help them get ready to make a claim.

The service opens on Wednesday, May 13, and is being delivered ahead of schedule, with payments reaching bank accounts by May 25, or six working days after the claim is made.

SEISS is a temporary scheme that will enable the self-employed to claim a taxable grant worth 80% of their average trading profits up to a maximum of £7,500 (equivalent to three months’ profits) in a single instalment.

Government’s coronavirus job retention scheme up and running

HMRC is using information that provided in people’s 2018/19 tax return – and returns for 2016/17 and 2017/18 where needed. HMRC has also opened an online eligibility checker.

Customers are eligible if their business has been adversely affected by coronavirus, they traded in 2019/20, intend to continue trading and they:
• Earn at least half of their income through self-employment;?
• Have trading profits of no more than £50,000 per year; and?
• Traded in the tax year 2018 to 2019 and submitted their Self Assessment tax return on or before 23 April 2020 for that year.

A spokeswoman for HMRC said: “We expect our phone lines to be very busy over the next few weeks as people enter this new scheme, so are encouraging customers to only call us if they can’t find what they need on gov.uk, from their tax agent or via our webchat service – this will leave the lines open for those who need our help most.”


Sign-up to our daily newsletter


Support quality, independent, local journalism…that matters

From just £1 a month you can help fund our work – and use our website without adverts.

Become a member today

Latest News

  • Who is Richard Tunnicliffe? Labour’s candidate for the Caerphilly Senedd by-electionMonday, September 8, 2025
  • Gerwyn Price is through to the second round of the World Matchplay
    Price reaches quarter-finals as he returns from hand injuryMonday, September 8, 2025
  • Geraint Thomas is given a guard of honour on what was his final professional race before retirement
    How the final stage of the Tour of Britain unfolded as Caerphilly crowds cheered on cyclistsMonday, September 8, 2025
  • Graham Cole, centre, with members of his Richwest Engineering/GCCRacing team
    Caerphilly racer competing on some of France’s most iconic race tracksMonday, September 8, 2025
  • Protesters’ four-hour occupation of Abertridwr Library over closuresMonday, September 8, 2025
  • World-renowned cyclists raced through Caerphilly County Borough on Stage Six of the 2025 Tour of Britain
    Tour of Britain returns to Caerphilly County BoroughMonday, September 8, 2025

Find out how the communities of Caerphilly County Borough get their names

Caerphilly

Legal & Public Notices

  • Caerphilly County Borough Council public noticesThursday, September 4, 2025
  • Notice of application for a variation of a premises licence: St Cenydd Road, TrecenyddTuesday, September 2, 2025
  • Notice of application for a variation of a premises licence: Heol Aneurin, PenyrheolTuesday, September 2, 2025
  • Notice of application for a premises licence: Tredegar Street, RiscaSaturday, August 16, 2025
© 2009-2024 Caerphilly Media Ltd, Caerphilly Miners Centre for the Community Watford Road Caerphilly, CF83 1BJ. Incorporated in Wales No. 07604006.