Covid-19: Support for the Self-Employed

Support for the Self-Employed

Self-Employment Income Support Scheme

The Self-Employment Income Support Scheme (SEISS) is the Government grant scheme for self-employed individuals whose businesses have been adversely affected by coronavirus.

The scheme has been extended. If you were not eligible for the first and second grant based on the information in your Self Assessment tax returns, you will not be eligible for the third. The scheme will be open to those where the majority of their income comes from self-employment and who have profits of less than £50,000 and have been adversely affected by Covid-19.

  • HMRC will use the average profits from tax returns in 2016-17, 2017-18 and 2018-19 to calculate the size of the grant.
  • A fourth grant will cover a three-month period from the start of February until the end of April. The Government will set out further details, including the level, of this grant in due course.

Find out more here

Self-Assessment Payment

If you owe Self Assessment tax and your bill is less than £30,000 you may be able to pay in monthly instalments.

For any other bills or problems paying, you must contact HMRC to discuss your options. How you contact HMRC depends on what you need to pay.

This guide is also available in Welsh (Cymraeg).

If you cannot pay because of coronavirus (COVID-19)

You may be able to pay your Self Assessment tax in monthly instalments. This includes any delayed (deferred) ‘payments on account’ that were due in July 2020, if you did not pay them at the time.

Contact the HMRC coronavirus (COVID-19) helpline if you cannot pay any other tax bills because of coronavirus.

Reducing your 2020 to 2021 payments on account.

Your Payments on Account are based on your previous year’s tax bill. If your financial situation has been impacted by coronavirus, you may have a reduced tax liability arising for the 2020 to 2021 tax year. You may want to apply to HMRC to reduce your 2020 to 2021 payments on account.

Other support for the self-employed

Locally, those who are self-employed in Cheshire and Warrington may be able to access support through:

  • Accelerate, which offers fully-funded online training to businesses with less than 50 employees, with courses available in areas including marketing,management and project management.
  • Business Growth Programme, which can help your business access fully funded support (in the form of one-to-one meetings, workshops, seminars, masterclasses and more) across a wide range of areas.