This scheme is now closed for the first grants.
Applications for the second and final grant are now open. If you’re eligible and your business has been adversely affected on or after 14 July 2020, you must make your claim for the second grant on or before 19 October 2020. The scheme allows you to claim a second and final taxable grant worth 70% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £6,570 in total.
HMRC will contact you if you’re eligible.
You may be eligible for this scheme if you’re a self-employed individual or a member of a partnership and your business has been adversely affected on or after 14 July 2020 and all of the following applies: – you traded in the tax year 2018 to 2019 and submitted your Self Assessment tax return on or before 23 April 2020 for that year – you traded in the tax year 2019 to 2020 – you intend to continue to trade in the tax year 2020 to 2021 – you are carrying on a trade which has been adversely affected by coronavirus
You cannot claim the grant if you trade through a limited company or a trust.