The scheme will allow those who are self-employed to claim a taxable grant of 80% of their average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether. This is a temporary scheme, but it may be extended. Check if you are eligible to claim.
To make a claim you will need: · Self Assessment UTR · National Insurance number · Government Gateway user ID and password · Bank account number and sort code you want us to pay the grant into (only provide bank account details where a Bacs payment can be accepted). When claiming you will have to confirm to HMRC that your business has been adversely affected by coronavirus.
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