Blog Post

How to claim your Self-Employment Income Support Scheme (SEISS) Grant?

  • By Ross Brinsdon (TLA)
  • •
  • 07 May, 2020
  • •

The help and advice that has been provided by HMRC and the Government has changed several times over the past few weeks. The information provided in this blog post is the latest update we have available on how to apply for the self-employment grant.

Firstly, please note that this grant is only for sole traders and partners of a business partnership and therefore directors/shareholders of limited companies are not permitted to claim via this business support scheme.

For tax payers who are eligible, you will receive an email from HMRC, not a letter as originally announced. Please be aware that there are lots of phishing emails coming through to clients at the moment and the email you receive will not ask you to click on any links, as this is completed via the HMRC secure portal; known as the Government Gateway.

Are you eligible to Claim?

If you are unsure if you are eligible to claim please follow the link below:

https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme

Please make sure that you use capital letters for your NI number otherwise it will fail. If you believe you are eligible to claim, but the calculator is failing, please get in touch and we will advise further and offer our opinion.   

If you qualify you will be able to claim from the 13 - 18 May 2020. To claim you will need a Government Gateway Log In and Password.

How to set-up a HMRC Tax Account (Government Gateway)

If you do not have one, please follow these steps to set one up by visiting https://www.gov.uk/personal-tax-account. We recommend that you act NOW to avoid any repayment delays.

How to retrieve Lost or forgotten Passwords

If you have forgotten or lost your username and/or password you can get these reset with HMRC using the link below:

https://www.tax.service.gov.uk/account-recovery/lost-user-id-password/check-email

How The Local Accountant - TLA can Help

From the information provided so far, we do not believe we will not be able to claim your grant on your behalf via our gateway account. However, this may change, but to avoid any delays we receiving your grant we recommendmake sure your gateway is set up.

If you need assistance to apply for your grant please email or call us and the TLA team will be happy help.

Email:    hello@thelocalaccountant.co.uk

Land Lines: 01934 440157 (W-s-M) or 01823 353765 (Taunton)

2022 Spring Budget Statement Highlights

By Ross Brinsdon - TLA • 23 Mar, 2022
2022 Spring Budget Statement Highlights

New "one-off" £500 payment for working households receiving tax credits

By Ross Brinsdon • 23 Mar, 2021

If you’re part of a working household that receives tax credits, you may be eligible for a new one-off payment of £500. The new payment is being introduced to provide extra support when the temporary increase in Working Tax Credit  ends as planned on 5 April 2021.

You may get a one-off, tax-free payment of £500 if, on 2 March 2021, you were getting either:

  • Working Tax Credit
  • Child Tax Credit and were eligible for Working Tax Credit but you did not get a payment because your income is too high to get Working Tax Credit payments

You do not need to contact HMRC or apply for the payment. HMRC will contact you by text message or letter in April 2021 to confirm you are eligible.

If you are eligible, you should get your payment direct to your bank account by 23 April 2021. HMRC have confirmed that you will not see the payment on the online tax credit service.

The payment is non-taxable and will not affect your benefits. You do not need to declare it as income for Self-Assessment tax returns or for tax credit claims and renewals.

HMRC Portal for Statutory Sick Pay Claims due to Covid-19 now open

By Ross Brinsdon (TLA) • 26 May, 2020
The HMRC Portal for Covid-19 related Statutory Sick Pay is now open for claims; 26 May 2020.

What is the true cost of redundancy?

By Ross Brinsdon (TLA) • 26 May, 2020
Advice on how to assist both employers and employees with the tricky path of redundancy.

New 100% government backed loan scheme for small businesses

By Ross Brinsdon (TLA) • 27 Apr, 2020
New Loan Scheme introduced on 27 April 2020 for small businesses - Quick and Simple Application and Approval Process for Loans up to £ 50,000 (based on 25% of business turnover)

HMRC Extends Furlough scheme cut-off date to 19 March 2020

By Ross Brinsdon (TLA) • 15 Apr, 2020
HMRC have extended the employee cut off date to be eligible for furlough pay from 28 February to 19 March 2020

Job Retention Scheme Portal to go live on 20 April 2020

By Ross Brinsdon (TLA) • 08 Apr, 2020
Coronavirus Job Retention Scheme (CJRS) Portal to go live for businesses to claim for their furlough workers pay on 20 April 2020.

In the new age of mass homeworking in the UK, we discuss the topic of Electronic Signatures

By Ross Brinsdon (TLA) • 01 Apr, 2020
Are electronic signatures legally binding?

Are you a Company Director or Self-Employed?

By Ross Brinsdon (TLA) • 01 Apr, 2020
This post will help determine whether you a Company Director or Self-Employed per HMRC.

Tax Efficient Director Salary and Dividends 2020/2021

By Ross Brinsdon (TLA) • 01 Apr, 2020
This post is intended to explain the tax efficient optimised wages (Salary) for directors for the 2020-2021.
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