HMRC are opening their online portal for the second grant for the self employed on 17th August 2020
They are currently writing to self-employed people who may be eligible so you may receive a letter giving you a date to make a claim. They can claim any time between the allocated date and the 19 October 2020.
The eligibility criteria for the second grant is exactly the same as the first grant – so self-employed people who were eligible for the first SEISS grant will be eligible for the second grant, so long as their business has been adversely affected since 14 July 2020. This typically means that their business has experienced lower income and / or higher costs because of coronavirus (COVID-19) since 14 July. There is no minimum threshold over which a business’s income, costs or activity need to have changed by, but your clients will be asked to keep appropriate records as evidence of how their business has been adversely affected.
The second taxable grant is 10% less than the first being worth 70% of average monthly trading profits. This will be paid out in a single instalment and will be based on three months’ worth of trading profits and capped at a maximum of £6,570.
Self-employed parents whose income may have been affected if they took time out to have children will also now be able to claim if they meet the eligibility criteria. There’s more information for new parents, including an online form on GOV.UK
Once you have completed a claim, you will receive payment within 6 working days.
If you need help please do not hesitate to contact me. I mainly cover King’s Lynn, Swaffham, Downham Market, Fakenham and North Norfolk and with some clients further afield