Just been on the HMRC Webinar and what a load of poope that was. So much conflicting information.
This is something they published though on a Presentation.
3. Situations not meeting the eligibility criteria
Example A: increased costs
Chloe is an electrician; she’s still trading but has had increased costs due to buying masks,
cleaning supplies and screens.
Chloe is not eligible for the third grant because increased costs were the only impact on her
business, and she has not lost customers.
Self-Employment Income Support Scheme
Third grant
OFFICIAL
Example B: self-isolating following trip abroad
Ash, a dentist, returns from a holiday abroad and has to self-isolate for 14 days due to
quarantine rules.
As this is the only impact on her business, Ash is not eligible to claim the third grant. This is
because reduced demand due to self-isolation after foreign travel is not included in the
eligibility criteria.
Example C: voluntary reduction in business activity
John, an accountant, reduces his business activity because he wants to partially retire. He
reasonably believes this will have a significant reduction on his trading profits.
John is not eligible for third grant because the reduced business activity was not caused by
coronavirus.
Example D: voluntary reduction in business activity
Liz is a dog walker. One of her clients cancels a contract due to coronavirus. Liz could look
for additional work to replace the contract, but she chooses not to.
This means her business activity and her trading profits are reduced through choice, and not
because of coronavirus.
Liz is not eligible for the third grant.
This Example D worrys me. How many of us claimed on the basis of lost work/contracts/demand. But they are now saying that if you didn't replace the work, then you chose not to increase your income, so therefore you are not elligle.
WTF. Guess we are all screwed guys.