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KS Cleaning

  • Posts: 3952
Self employed grant
« on: May 01, 2020, 03:29:27 pm »
Got this from my accountant earlier, as you can see there is still a bit of guess work involved as to how it’s gonna be rolled out, but this might be helpful to get ahead of the game.


The online service you’ll use to claim is not available yet. HMRC will aim to contact you by mid May 2020, and will make payments by early June 2020.
 
It is possible that claims for the self employed income support scheme will need to be done through a personal tax account.
 
We would recommend that set up a personal tax account if you have not done so already: https://www.gov.uk/personal-tax-account
 
Once set up, in “Your account”, “Manage your personal details”, check your address details and update if necessary.
 
Then back at “Account home” click to access Self Assessment and once you enter the details you will be posted an activation code within 7 working days.
 
We are not sure if this is how the scheme will be accessed, but best to be ready ahead of time just in case.
 
You can see the HMRC guidance on the scheme here:
 
https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme
 

NWH

  • Posts: 16952
Re: Self employed grant
« Reply #1 on: May 01, 2020, 04:01:24 pm »
Which account do you use to pay you’re Tax,that’s the account it’ll get paid into.

G Griffin

  • Posts: 40745
Re: Self employed grant
« Reply #2 on: May 01, 2020, 04:32:57 pm »
Thanks, KS.
There doesn't look to be any serious hurdles in there.
The adversely affected bit and providing evidence if needed should be ok for most of us.
I can show them my lad's school work if they want  ;D
⭐⭐⭐⭐⭐⭐

mjm

Re: Self employed grant
« Reply #3 on: May 01, 2020, 04:34:02 pm »
I just got this

mjm

Re: Self employed grant
« Reply #4 on: May 01, 2020, 04:35:35 pm »
.

Re: Self employed grant
« Reply #5 on: May 01, 2020, 04:51:32 pm »
Which account do you use to pay you’re Tax,that’s the account it’ll get paid into.
Yeah exactly. I do an online sa. One of the final stages of the sa return asks you to nominate an account for any adjustments or rebates to be paid in to.

KS Cleaning

  • Posts: 3952
Re: Self employed grant
« Reply #6 on: May 01, 2020, 04:55:03 pm »
Which account do you use to pay you’re Tax,that’s the account it’ll get paid into.
Nothing like stating the obvious.

KS Cleaning

  • Posts: 3952
Re: Self employed grant
« Reply #7 on: May 01, 2020, 04:55:25 pm »
Thanks, KS.
There doesn't look to be any serious hurdles in there.
The adversely affected bit and providing evidence if needed should be ok for most of us.
I can show them my lad's school work if they want  ;D.
😂😂