The self-employed grant - eligibility and claims

4 May 2020
Sophie Kwiatkowski
A 5 minute read
by Sophie Kwiatkowski

The self-employed grant

We hope that you are still keeping safe and well during these times.

HMRC have announced that this week they will begin the process of contacting those individuals that they believe are eligible for the self-employment grant.

If you are eligible, this scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £7,500.

Key facts:

  • Based on current guidance this is something that you will need to complete yourself using your government gateway.

https://www.gov.uk/log-in-register-hmrc-online-services/register

We can help advise as to whether you are eligible for the scheme or not and answer any questions that you might have. If you have any issues setting up a government gateway account, please let us know.

  • You can check your eligibility using the link below:

https://www.tax.service.gov.uk/self-employment-support/enter-unique-taxpayer-reference

Please note, although HMRC may say you are eligible to claim, we are still following NHS guidance which states that dentists should only seek additional government assistance in relation to their private income.

If you are ineligible, you still have the following possible options:

  • delay your July Self-Assessment payment on account
  • arrange to pay your Self-Assessment tax bill in instalments
  • get Universal Credit
  • apply for Employment and Support Allowance (ESA)
  • apply for Child Benefit.

Scams

HMRC are aware of an increase in scam emails, calls and texts. If you are eligible will be invited to claim through GOV‌.UK – which is the only way to claim. If someone gets in touch with you claiming to be from HMRC, saying that financial help can be claimed or that a tax refund is owed, and asks you to click on a link or to give information such as your name, credit card or bank details, you should not respond. It is a scam.