SEISS (Covid-19)

Covid-19: H. M. Government’s Self-Employed Income Support Scheme

On 26 March 2020 the Chancellor of the Exchequer announced the introduction of a package of financial support to assist traders affected by Covid-19.

On 30 April 2020 he gave a direction in writing (under powers given to the Treasury to do so under Sections 71 and 76 of the Coronavirus Act 2020) requiring HMRC to implement the Self-Employment Income Support Scheme (“SEISS”). The details of SEISS are set out in the Schedule to the direction.

If HMRC issues any guidance about SEISS after 30 April 2020 which adds to or varies any information in the following pages, we will amend those pages as necessary.

The purpose of SEISS is to provide for payments to be made to individuals (not companies) carrying on a trade where their business has been adversely affected by the Covid-19 emergency in the United Kingdom.

The following information covers aspects of the SEISS in outline, in particular the nature of the scheme, criteria for eligibility, and guidance on calculating the amount of entitlement. However, since it is only an outline, it does not cover every aspect of the scheme, and you should seek further advice if you are not sure about any matter relating to SEISS.

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