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Claiming for the Fifth SEISS Grant

Claim the fifth grant if you think that your business profit will be impacted by coronavirus (COVID-19) between 1 May 2021 and 30 September 2021.

You’ll need to confirm that you meet other eligibility criteria when you make your claim.

You should make your claim on or after the personal claim date HMRC has given you.

Who can claim?

Find out if you’re able to claim for a Self-Employment Income Support Scheme (SEISS) grant by checking that you meet all criteria in stages 1, 2 and 3.

Stage 1: Your trading status and when you must have traded

You must be a self-employed individual or a member of a partnership.

You must also have traded in both tax years:

  • 2019 to 2020
  • 2020 to 2021

You cannot claim the grant if you trade through a limited company or a trust.

Stage 2: Tax returns and trading profits

You must have:

  • submitted your 2019 to 2020 tax return on or before 2 March 2021
  • trading profits of no more than £50,000
  • trading profits at least equal to your non-trading income

Non-trading income is any money that you make outside of your business. For example, if you also have a part-time job or pension.

If you’re not eligible based on the trading profits in your 2019 to 2020 return, HMRC will look back at previous years.

HMRC will already have contacted you if you’re eligible for the grant based on your tax returns.

Stage 3: Deciding if you can claim

When you make your claim, you must confirm that you:

  • intend to keep trading in 2021 to 2022
  • reasonably believe there will be a significant reduction in your trading profits due to the impact of COVID-19 between 1 May 2021 and 30 September 2021

 

Get ready to claim

The fifth grant is different from previous grants. In most cases, when making your claim you’ll need to confirm your business turnover to allow HMRC to calculate your grant amount.  Turnover includes the takings, fees, sales or money earned or received by your business.

To make your claim, you’ll need to have 2 different turnover figures. You’ll need to work out your turnover for:

  • April 2020 to April 2021
  • either 2019 to 2020 or 2018 to 2019

When you do not need turnover figures to claim

You will not be asked for any turnover figures if you started trading in 2019 to 2020 and did not trade in all the following tax years:

  • 2018 to 2019
  • 2017 to 2018
  • 2016 to 2017

How much you’ll get

If you need to tell us about your turnover

There are 2 levels of grant. HMRC will work out your grant amount based on how much your turnover is down by after your 2 turnover figures have been compared.

How much your turnover is down by What you’ll get Maximum grant amount
30% or more 80% of 3 months’ average trading profits £7,500
less than 30% 30% of 3 months’ average trading profits £2,850

If you do not need turnover figures to claim

You’ll get 80% of 3 months’ average trading profits. The maximum grant amount is £7,500.

Find out how to make a claim for the fifth grant.

How the grant is treated

The grant is subject to Income Tax and self-employed National Insurance contributions. It must be reported on your 2021 to 2022 Self-Assessment tax return.

The grant also counts towards your annual allowance for pension contributions. SEISS grants are not counted as ‘access to public funds’ and you can claim the grant on all categories of work visa.

How to make a claim

https://www.gov.uk/guidance/claim-a-grant-through-the-self-employment-income-support-scheme#how-to-claim