If you are eligible for the fourth SEISS Grant (Self Employment Income Support Scheme), you may have already had an email or letter with your personal claim date.
For details on full eligibility for the fourth SEISS see our previous blog post here.
What if I haven’t received a personal claim date?
If you have not been contacted by HMRC yet, don’t panic! This time round HMRC will contact you. They will contact you via email, letter or within the online service. As this is calculated from your 2019/20 Tax Return, we anticipate this may take a considerable amount of time to be processed and the claims can be made up to 31 May so there is time to be able to claim if you are eligible to do so.
I have received my personal claim date for the fourth SEISS, what’s next?
Great news – if you have received your claim date please do not attempt to apply before your personal claim date as the service will not be available to you. Please do not call the helpline either as they will also be unable to process your claim.
Also, to be able to claim you will need to;
- Reasonably believe there is a significant reduction in your trading profits due to coronavirus between February and April 2021.
- That you intend to continue to trade.
- You must also keep appropriate records as evidence of the impact on your business.
What happens after I have submitted my claim?
Once your claim has been submitted, HMRC will undertake checks to verify it. The money will be paid directly into your bank within six working days of receiving your claim.
Beware of scams.
We have received reports from several clients in receipt of scam emails, calls and texts. HMRC are aware of the increase in scam activities.
If someone gets in touch claiming to be from HMRC stating that financial help can be claimed or you are due a tax refund and ask you to click a link or to give information like your name, bank details or any other personal information, please do not respond.
You can forward suspicious emails claiming to be from HMRC to email@example.com and texts to 60599.
If you are unsure you can search “Check a list of genuine HMRC contacts” on GOV.UK.
Don’t forget we are here to help you – if you need any help or further advice please contact us at the office, one of our team will be able to help you.