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Forrester Boyd is one of the largest independent chartered accountancy practices in Lincolnshire and the Humber region. Our focus on people, both clients and employees, is at the heart of our success.

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Helping the self-employed get financial assistance (SEISS)

  • 15th May 2020

You can access the portal to make your application here

In the past week along with members of the UK200 Group, we have helped the HMRC to stress test the Self-Employed Income Support Scheme portal (SEISS) which went live on 13th May and enables self-employed workers to claim a £7,500 taxable grant.

Self-employed individuals or members of partnerships whose business has been adversely affected by coronavirus will be able to apply for a Self-Employment Income Support Scheme (SEISS) grant worth 80% of their average monthly trading profits.

It was important to identify and address as many potential issues as possible to make it easier for the self-employed to use and to get the financial assistance they need.

"Members of the UK200 Group support thousands of self-employed businesses. The portal is now open which will allow the self-employed to access up to £7,500 in order to help ensure that their business survives the Covid19 lockdown."

“While there will be 5,000 HMRC staff manning phone lines, plus webchat, it was important for us to identify and address as many potential issues as possible. This is because the portal has been designed for the claimant to use, rather than their accountant. It was therefore essential that it is both simple and intuitive to use, and we were extremely pleased to be able to help the HMRC in testing the portal.”

You can now access the portal to make your application here: https://www.tax.service.gov.uk/self-employment-support/enter-unique-taxpayer-reference

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Any news or resources within this section should not be relied upon with regards to figures or data referred to as legislative and policy changes may have occurred.