Eligibility for the fourth and fifth SEISS grants will be assessed using additional evidence not used for the previous grants. Join the Tax Faculty’s Caroline Miskin for a free webinar to find out more.
There will be winners and losers as the eligibility tests for the fourth and fifth self-employment income support scheme (SEISS) grants will now consider four years of tax return data.
Furthermore, only those who had filed their 2019/20 self assessment return by 2 March 2021 will qualify for these grants.
It is expected that HMRC will contact those eligible for the fourth SEISS grant in mid-April.
The latest SEISS update webinar from the Tax Faculty on 13 April is timed to coincide with this and is free to register.
ICAEW Know-How from the Tax Faculty
This guidance is created by the Tax Faculty, recognised internationally as a leading authority and source of expertise on taxation. The Faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.
Webinar: SEISS grants update
Caroline Miskin, from ICAEW's Tax Faculty, navigates the significant changes to the Self Employment Income Support Scheme announced at the Budget 2021.