[Withdrawn] Claim a grant through the Self-Employment Income Support Scheme (2023)

You must make your claim on or before 30 September 2021. 

Before you claim, you must make sure you meet all the eligibility criteria.

What you’ll need to make your claim

The fifth grant is different. In most cases, you’ll need to provide 2 turnover figures when you make your claim. We’ll use these to work out how much you’ll get.

You do not need turnover figures if you started trading in 2019 to 2020 and did not trade in all of the following tax years:

  • 2018 to 2019
  • 2017 to 2018
  • 2016 to 2017

You can find out how to work out your turnover figures.

When you claim you’ll also need your:

  • Self Assessment Unique Taxpayer Reference (UTR)
  • National Insurance number
  • Government Gateway user ID and password
  • UK bank details including account number, sort code, name on the account and address linked to the account

Only provide bank account details where a Bacs payment can be accepted.You may also need to answer questions about your passport, driving licence or information held on your credit file.

(Video) Self Employed – have you claimed a grant through the Self-Employment Income Support Scheme?

If you do not have some of those things

Find out how to get your Unique Taxpayer Reference or National Insurance number.

If you cannot remember your Government Gateway ID or password, you can attempt to recover them. You can do this when making your claim. You may need to answer questions about your passport, driving licence or information held on your credit file.

If you do not have a Government Gateway ID or password, you can create one when making your claim.

How to claim

Claims for the fifth grant have now closed. The last date for making a claim was 30 September 2021.

You must make the claim yourself. Do not ask a tax agent or adviser to claim on your behalf as this will trigger a fraud alert, which will delay your payment.

HMRC will check claims. We’ll take appropriate action to withhold or recover payments for claims found to be dishonest or inaccurate. If you know you’re not eligible for the grant and do not tell us, you may also have to pay a penalty.

If an amendment to your tax return on or after 3 March 2021 lowers the grant amount you’re eligible for, you’ll need to tell us within 90 days. You may need to pay back some or all of the grant.

Return to your claim

If you need to return to your claim, you can:

  • check the status of your payment
  • update your bank details if we have asked you to
  • check how much you got for previous grants
  • check to see if you think the grant amount is too low

After you’ve claimed

We’ll check your claim and pay your grant into your bank account within 6 working days. We’ll send an email when your payment is on its way.

Do not contact us unless it has been more than 10 working days since you made your claim and you have not received your payment in that time.

(Video) How to claim the latest Self-Employment Income Support Scheme grant

If your business recovers after you’ve claimed, your eligibility will not be affected as this is based on your reasonable belief that your trading profits would have been significantly reduced at the time you made your claim. You must keep evidence to support this.

You need to tell HMRC if you:

  • made a claim in error as you were not eligible for a grant
  • made a mistake reporting your turnover in your claim which means you are entitled to a lower grant than you received
  • later realise you should have reported a different turnover figure in your claim which means you are entitled to a lower grant than you received
  • amended any of your tax returns on or after 3 March 2021 which means you’re no longer eligible or are entitled to a lower grant than you received
  • would like to make a voluntary repayment

Find out how to tell HMRC and pay some or all of the grant back. 

If you realise that you have made a mistake when reporting your turnover in your claim and think you should have received the higher grant amount, you’ll need to contact HMRC by 30 September 2021.

Records you need to keep

You must keep a copy of all records in line with normal self-employment record keeping requirements, including the:

  • amount claimed
  • grant claim reference

If you’re currently trading but have reduced demand

You must keep any evidence that your business has had reduced activity, capacity or demand due to COVID-19 at the time you made your claim, such as:

  • business accounts showing reduction in activity compared to previous years
  • records of reduced or cancelled contracts or appointments
  • a record of dates where you had reduced demand or capacity due to government restrictions

If your business is temporarily unable to trade

You must keep evidence if your business has been unable to trade due to COVID-19, such as:

  • a record of dates where you had to close due to government restrictions
  • NHS testing and tracing communications - if you’ve been instructed to self-isolate in-line with NHS guidelines and are unable to work from home
  • a letter or email from the NHS asking you to shield
  • test results if you’ve been diagnosed with COVID-19
  • letters or emails from your child’s school with information on closures or reduced hours

We are receiving very high numbers of calls. Contacting HMRC unnecessarily puts our essential public services at risk during these challenging times.

You can contact HMRC if you cannot get the help you need online.

Published 13 May 2020
Last updated 1 October 2021 +show all updates

  1. Claims for the fifth grant have now closed. The last date for making a claim was 30 September 2021.

  2. The online service for the fifth grant is now available. Guidance on what to do after you have applied has also been updated.

  3. This guidance has been updated with information about the fifth SEISS grant.

  4. Claims for the fourth grant have now closed. The last date for making a claim was 1 June 2021.

  5. The online service for the fourth grant is now available.

  6. This guidance has been updated with information about the fourth SEISS grant.

  7. Claims for the third grant have now closed. The last date for making a claim for the third grant was 29 January 2021. Details about the fourth grant will be announced on 3 March 2021.

    (Video) Applying for Self Employed Income Support Scheme grants

  8. Added translation

  9. Added translation

  10. The online service for the third grant is now available.

  11. This page has been updated with the information for the third grant of the Self Employed Income Support Scheme.

  12. The service is now closed for the Self-Employment Income Support Scheme. You can no longer make a claim for the second grant.

  13. The Self-Employment Income Support Scheme claim service is now open.

  14. Information about what to do if you were not eligible for the grant or have been overpaid has been added.

  15. Updated to confirm that the online service for the first grant is closed.

  16. Added translation

  17. The scheme has now been extended. A second and final grant will be available when the scheme opens again in August 2020. If you’re eligible and want to claim the first grant you must make your claim on or before 13 July 2020.

    (Video) Self Employed Grant updates Explained

  18. First published.

(Video) The self-employed income support scheme (SEISS) - who’s included and how much will you get?

FAQs

Can you return the self-employment grant? ›

You can tell HMRC and pay back some or all of the grant if you received: a grant and were not eligible. more than you were entitled to.

Are people having to pay back seiss grants? ›

As long as you were entitled to receive the grants, you do not need to repay them back to HMRC. They are not loans. However, if you were not entitled to receive the grants, you will need to pay them back.

Can HMRC claim back seiss grant? ›

We've made it as easy as possible to pay back any amounts of SEISS grants you've received that you were not entitled to. To find out how to tell HMRC, go to www.gov.uk and search for 'Tell HMRC and pay back a Self-Employment Income Support Scheme grant'.

Do I have to declare my self-employment grant to Universal Credit? ›

You will still need to report any earnings from your self-employment so they can be taken into account when calculating your Universal Credit payments. As part of your claim you will need to accept a 'Commitment' which you will agree with your work coach.

How will my self employment grant affect my universal credit? ›

Self-employed income support grant

You must report your earnings to the DWP every month to carry on getting Universal Credit. If you don't supply these figures between 7 days before and 14 days after your assessment date each month, your Universal Credit payment will be suspended.

Are grants considered self employment income? ›

Generally, government grants to businesses are considered as income which requires the business to report and pay tax on the amount received.

Will the seiss grants affect my tax return? ›

Your taxable income should increase by the amount of the SEISS grants not originally included on the tax return. Check that the SEISS grants included on the form SA302 agrees with the fourth and fifth grants you received.

How much tax do I pay on seiss grants? ›

HMRC calculates your average income based on what you have submitted in your previous tax returns. Since the above income falls in the basic tax rate payer you will be paying tax at the rate of 20 % and Class 2 NI will be paid at 9%.

Do you have to pay back a grant? ›

What is a grant, and do you have to pay it back? In a broad sense, a grant is money given to a person, business, organisation or other which is intended for a specific purpose. In contrast with donations or loans, a grant does not have to be paid back.

Does a grant have to be paid back UK? ›

If you've received a letter from HMRC you may need to pay back some or all of the grant. A new section has also been added called 'Check how to tell HMRC and pay money back'. You can use the service to check whether you need to tell HMRC and pay back a grant.

Will HMRC investigate seiss claims? ›

We understand that SEISS claims that the recipient was not entitled to receive (for example because they broke the 'adversely affected' eligibility condition), will be subject to recovery by way of an independent, 100% income tax charge.

Can I claim missed seiss grant? ›

Can I make a late claim? In general, it is not possible to make a claim for a grant after the above deadlines, even if you would have been eligible for the grant if you had applied on time.

Will Universal Credit know if im self-employed? ›

Since 31 July 2021, the pre-pandemic rules have started to apply again. This means that Universal Credit will check if you are gainfully self-employed. If so, your payment will be calculated using the minimum income floor. You may be eligible for a start-up period.

What happens if I don't declare earnings to Universal Credit? ›

You will not get your Universal Credit payment until you have reported your income and expenses.

Does HMRC have to do with Universal Credit? ›

The existing PAYE real-time information you provide to HMRC is used to calculate the Universal Credit payment. This means there are no additional business administration costs.

Are grants deducted from Universal Credit? ›

Loans that cover maintenance, such as living expenses, rent and bills, will be deducted from your Universal Credit. Most loans pay tuition and maintenance in separate payments. However, if you receive a Special Support Loan or Grant, this will not be deducted from your Universal Credit.

Will a grant affect my Universal Credit? ›

Universal Credit will be calculated based on your income. This will include your income from student loans for maintenance and student grants. If you could get a student loan for maintenance but do not claim it, your Universal Credit will be calculated as if you had been given the loan.

Can you lose your Universal Credit? ›

Your Universal Credit payment may be reduced if you do not meet the responsibilities set out in your Commitment and you cannot give a good reason to explain why. This is known as a Sanction. With a Sanction, you will be told how much of your Universal Credit payment you will lose and for how long.

Are you taxed on grant money? ›

The good news is that your scholarship and grant are not taxable if the money was for study or research for a degree-seeking student who spent the funds to pay qualified expenses at an eligible educational organization.

What happens if you don't use a grant? ›

The school will issue you a Pell Grant refund if some of your grant dollars are unused. You may receive a check for the remaining amount, or the school may transfer it via direct deposit into your bank account or student account.

Are grants taxable HMRC? ›

Grant income received by a business is taxable. The Local Restrictions Support Grant will need to be included in your tax return. Only businesses which make an overall profit once grant income is included will be subject to tax. Payments made to businesses before 5 April 2022 will fall into the 2021/22 tax year.

What is a non repayable grant? ›

Non-repayable business grants are a type of development funding offered by the South African government to support the growth of small and micro businesses. The advantages of these types of government grants is that you don't have to return the money, or pay interest on it.

What is a grant payment? ›

Grants are funds given out by private, public and not-for-profit organisations for a range of purposes. These organisations are often referred to as “funding body's”. All funding body's provide the money to accomplish their objectives, however grants are not “free money”.

How does grant funding work? ›

A grant is a way the government funds your ideas and projects to provide public services and stimulate the economy. Grants support critical recovery initiatives, innovative research, and many other programs listed in the Catalog of Federal Domestic Assistance (CFDA).

What happens if you falsely claim seiss? ›

SEISS compliance

Any SEISS grants which are proved to be incorrect claims will be recovered by a 100% tax charge, applied independently of the self assessment tax return. HMRC calculates the amount of grant payable for SEISS, and taxpayers are only asked to confirm that they meet the eligibility criteria.

What triggers an HMRC investigation? ›

What triggers an investigation? HMRC claims compliance checks are usually triggered when figures submitted on a return appear to be wrong in someway. If a small company suddenly makes a large claim for VAT, or a business with a large turnover declares a very small amount of tax, this will likely be flagged-up by HMRC.

What triggers an audit from HMRC? ›

you have offshore bank accounts. you have income from property. you have invested in schemes or funds which HMRC views as tax avoidance investment schemes. you operate in a high-risk industry, such as those that routinely take cash payments, or an industry that HMRC has decided to target.

Where do I enter seiss on my tax return? ›

Where to include the SEISS grant on your tax return?
  1. On a full self-employment form (SA103(F) it's box 70.1)
  2. On a self-employed short form (SA103(S) it's box 27.1.
  3. On a partnership full form (SA104)F) it's box 9.1.

When can you claim the 5th seiss grant? ›

Claims for the fifth SEISS grant have now closed. The last date for making a claim was 30 September 2021.

How do I check my grant money? ›

Send the word “Sassa” to the Sassa WhatsApp application number – 082 046 8553. Reply with the text “Status“ Reply “Yes” if you have reference number. Reply with your mobile number used when applying for the grant.

How much can you earn self-employed and still get Universal Credit? ›

The amount of earnings above the £2,500 threshold are the surplus earnings and will be taken into account in the next monthly assessment period. This may reduce the amount of Universal Credit you receive in later months, or perhaps mean that you can't get any Universal Credit payment in those months.

Do I have to declare self-employed income under 1000? ›

The exemption is automatic and if your self employed income is £1,000 or less you do not need to tell HMRC or file a tax return. It applies to individuals only,not partnerships (e.g husband and wife trading in partnership).

How do I let HMRC know I am self-employed? ›

Call HMRC if you're self-employed and have an Income Tax enquiry or need to report changes to your personal details.
  1. Telephone: 0300 200 3300.
  2. Textphone: 0300 200 3319.
  3. Outside UK: +44 135 535 9022.

How much money can you have in the bank and still claim benefits UK? ›

Below are examples of capital limits and how they can affect your benefits claim. The lower capital limit is how much you can have in savings and investments before it affects your benefits claim. These benefits have a lower capital limit of £6,000 and an upper capital limit of £16,000.

How does Universal Credit see your earnings? ›

Once your claim is up and running then Universal Credit should be able to get earnings information direct from your employer through Real Time Information (RTI) (as long as you provide Universal Credit with relevant details of your employers PAYE scheme number).

How much can you earn before you lose all Universal Credit? ›

If you earn more than £2,500 over the amount you can earn before you receive no Universal Credit payment, you are said to have surplus earnings. These surplus earnings will be taken into account in the next monthly assessment period.

Can Universal Credit check my bank account UK? ›

Under the £600 million scheme banks will be forced to share data with the investigators. This means the DWP will directly look into bank accounts to see if the claimants have too many savings or are living abroad which would make them ineligible for UC, the Record reports.

Can Universal Credit see my bank account? ›

Under the Social Security Administration Act, the DWP is authorised to collect information from various places, including banks. This is tightly controlled though, and would probably only be used if you were under investigation for fraud.

How much money can you have in your bank account without being taxed UK? ›

How is bank and building society interest taxed? Most people will have no tax to pay on interest they receive from a bank or building society account due to the 'personal savings allowance' (PSA) of £1,000 (or £500 for higher rate taxpayers). Additional-rate taxpayers are not entitled to any PSA.

Can you carry back self employment losses? ›

Losses carried back in the self-assessment returns are entered as a tax adjustment in the period that the loss was made. Note that the total losses to be set against income, profit or capital gains for a year cannot exceed the income profit or capital gains of that year.

How much tax will I pay on my seiss grant? ›

HMRC calculates your average income based on what you have submitted in your previous tax returns. Since the above income falls in the basic tax rate payer you will be paying tax at the rate of 20 % and Class 2 NI will be paid at 9%.

What if my expenses exceed my income self-employed? ›

If your business expense deductions for a year are more than your income for that you, you may have a net operating loss (NOL). The way you determine and deal with an NOL depends on your business type. You take a net operating loss on your personal tax return if you are: A sole proprietor.

How far back can HMRC go self-employed? ›

HMRC will investigate in detail and retrospectively based on the case and how serious it is. If they suspect deliberate tax evasion, they can investigate as far as 20 years. Investigations into careless tax returns can go back 6 years and investigations into innocent errors can go backup up to 4 years.

How many years can you carry forward self-employment losses? ›

If your self-employment business finishes and you make a loss in your final 12 month period, you can set this against trading profits of the previous three tax years, latest year first. This reduces the tax due on this income, and a repayment of tax is usually generated.

Videos

1. Understanding the Self employed Income Support Scheme
(ISM)
2. Social Security Disability Benefits and Self Employment Work Incentives
(VCU RRTC)
3. The UK's Self-Employed Income Support Scheme - guidance for freelancers
(ScreenSkills)
4. Grants for Month of December 2022| $5000, $10000, $25000, $48000 GRANTS & $3000000 Grants Apply Now
(Ask Rinde)
5. SBA GRANTS $83 MILLION Released | Grants for Small Business & Self Employed
(Andrew Cartwright)
6. SEISS GRANT MAJOR CHANGES TO THE 3RD SELF EMPLOYED GRANT! DO YOU NOW SLIP THROUGH THE NET?
(Tommys Tax - CIS and PAYE Tax Refunds)
Top Articles
Latest Posts
Article information

Author: Corie Satterfield

Last Updated: 01/24/2023

Views: 6370

Rating: 4.1 / 5 (62 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Corie Satterfield

Birthday: 1992-08-19

Address: 850 Benjamin Bridge, Dickinsonchester, CO 68572-0542

Phone: +26813599986666

Job: Sales Manager

Hobby: Table tennis, Soapmaking, Flower arranging, amateur radio, Rock climbing, scrapbook, Horseback riding

Introduction: My name is Corie Satterfield, I am a fancy, perfect, spotless, quaint, fantastic, funny, lucky person who loves writing and wants to share my knowledge and understanding with you.