Help for self employed

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fundy

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HMRC opened the applications for grant 3 today, you shouldve had an email or a message within your account on the hmrc client

Appears that its the same criteria as the first 2 PLUS you have to be able to prove the effect on your business between 1st Nov and 31st Jan, they say you need to keep records to be able to justify the claim (which wasnt required for the first 2)
 

Imurg

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HMRC opened the applications for grant 3 today, you shouldve had an email or a message within your account on the hmrc client

Appears that its the same criteria as the first 2 PLUS you have to be able to prove the effect on your business between 1st Nov and 31st Jan, they say you need to keep records to be able to justify the claim (which wasnt required for the first 2)
Does a blank diary count..?:cool:
 
Thread starter #144

fundy

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HMRC opened the applications for grant 3 today, you shouldve had an email or a message within your account on the hmrc client

Appears that its the same criteria as the first 2 PLUS you have to be able to prove the effect on your business between 1st Nov and 31st Jan, they say you need to keep records to be able to justify the claim (which wasnt required for the first 2)

Helped someone do theres today. Process very straightforward just requires an extra declaration regarding impact on you business/ability to work and guidance on what evidence you should keep. Should be paid within 6 working days of claiming (likely it may be slightly quicker)

For anyone who is claiming the grants do remember you are going to pay tax/NI on them in your 2020/21 tax return (due for submission in Jan 2022) and if you can make sure you have this put aside
 

Imurg

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Helped someone do theres today. Process very straightforward just requires an extra declaration regarding impact on you business/ability to work and guidance on what evidence you should keep. Should be paid within 6 working days of claiming (likely it may be slightly quicker)

For anyone who is claiming the grants do remember you are going to pay tax/NI on them in your 2020/21 tax return (due for submission in Jan 2022) and if you can make sure you have this put aside
Mine may hit the bank tomorrow (y)
 
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Our lad has applied for an Arts Council Grant - funded by the National Lottery - for freelance professionals who were working in theatres, he'll be hearing the outcome of his application in a couple of days time. Given the criteria he should qualify - but knowing his (and our) luck his application will be rejected. But with a bit of faith and hope - and maybe a little bit of 'charity' will come along.
 

Imurg

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Is there any news on an extension to this.?
Not heard anything and the current one ru s to the end of the month.
Lockdown will be on until mid February at the earliest I expect and could drag on longer...
Anyone heard anything.?
 

anotherdouble

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Is there any news on an extension to this.?
Not heard anything and the current one ru s to the end of the month.
Lockdown will be on until mid February at the earliest I expect and could drag on longer...
Anyone heard anything.?
available to claim in February Ian. What has not been confirmed is the %
 
Thread starter #151

fundy

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available to claim in February Ian. What has not been confirmed is the %

considering the country will be in lockdown when it starts cant see anyway its not done at 80% again

what will be interesting is if they finally include those who havent been able to claim up until now and/or whether they use the 2019/20 return which is due in by the end of Jan to calculate the basis of profits, most likely wishful thinking on both and it will just be exactly the same

will post the claims date and basis on here once its announced
 

road2ruin

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what will be interesting is if they finally include those who havent been able to claim up until now and/or whether they use the 2019/20 return which is due in by the end of Jan to calculate the basis of profits, most likely wishful thinking on both and it will just be exactly the same
I read that groups had met the government and discussions had taken place. Whether that leads to anything positive, I’m certainly not holding my breath.
 

anotherdouble

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Just seen on Twitter that Martin Lewis has had it confirmed from treasury that there will be no further announcement regarding 4th self employment grant until after March 3rd budget
 
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