On 29 May 2020, the Chancellor announced that the SEISS would be extended with eligible businesses able to claim a second and final payment in August. The payment will be worth 70% of their average monthly trading profits, paid out in a single instalment and capped at £6,570 in total. He also announced that claims for the first payment could continue until 13 July 2020.
Our second webinar will provide a recap of the scheme and a look at what’s new, including key dates for the first and second payments. We are intending to cover all aspects of the process for claiming the second payment, including who is eligible for it and how it is calculated. We will also look at compliance aspects for both the first and second payments.
This webinar, which was broadcast live on Tuesday 7 July 2020 provided a recap of the scheme and a look at what’s new, and covered key dates for the first and second grants, who is eligible and who isn’t, what ‘adversely affected’ by coronavirus means, how to calculate the grants, how to claim the grants and compliance aspects, and was followed by a Q&A session.
SEE A RECORDING HERE:
Self-employment Income Support Scheme – ATT and CIOT webinar 7 July 2020
A link to a recording of our first webinar on the SEISS which was broadcast on 7 May 2020 and looked at the process for claiming the first payment can be found here.