The Government has opened the Self-Employment Income Support Scheme earlier than planned. As of 8am on Wednesday, May 13, those eligible for the scheme can start to apply for their grants. However to prevent the system from being overwhelmed, HMRC have staggered the dates people will be able to apply.
How do you apply for a self-employment grant?
HMRC has been contacting people who are eligible to apply for the Self-Employment Income Support Scheme.
These people who have been contacted should have been given a unique reference number, which they can use to make a claim.
HMRC should also have informed people when they should make their application, and assigned a specific date between May 13 and May 18 to apply from.
- Self employed scheme: Is Self Employment Income Support Scheme open?
What happens if you miss your time slot?
If you miss your allocated time slot, don’t worry as you can apply from the date given to you by HMRC.
Personal finance expert Martin Lewis posted on Facebook: “I know some are worried about missing their Self Employment Income Support Scheme application appointments.
“Here’s what HMRC told us, ‘Times are just a guide for when people should apply from.
“We expect the majority to do this but if you can’t do it on a given day you can do it later – it does not expire and there is no current date for the service closing.'”
How can you claim your self-employment grant?
If the Government have already contacted you, you can apply from the date the Government has allocated you.
To apply you will need the following information to hand:
- Self Assessment Unique Taxpayer Reference (UTR)
- National Insurance number
- Government Gateway user ID and password (you can create one when you make a claim)
- UK Bank details where a Bacs payment can be accepted.
For your bank details, you will need to have your bank account number, sort code, name on the account and address linked to the account to hand.
BBC’s Laura Kuenssberg warns of Cabinet’s worry over furlough scheme [INSIGHT]
Furlough fraud warning: Shapps demands workers whistleblow [ANALYSIS]
Relief for millions of workers as Rishi extends furlough until October [INSIGHT]
- Coronavirus crisis: Warning to firms who don’t ensure safety of staff
What other support is available for the self-employed?
Chancellor Rishi Sunak said of the Self-Employment Income Support Scheme: “We’re working ahead of time to deliver support to the self-employed and from today, applications open for the millions of people eligible for the scheme.
“With payments arriving before the end of this month, self-employed across the UK will have money in their pockets to help them through these challenging times.”
Mr Sunak has unveiled a number of financial support measures during the coronavirus pandemic.
For those employed, the coronavirus job retention scheme started taking applications last month, and has now been extended until October.
In addition to the Self-Employment Income Support Scheme, the Government has also introduced other measures to help self-employed people through the pandemic.
This includes Bounce Back loans, income tax deferrals, rental support and various other business support schemes.
The Government has also increased levels of Universal Credit, and enabled people to get mortgage holidays should they need them.
Source: Read Full Article