From today (Wednesday 13 May 2020) self-employed individuals whose business has been adversely affected by coronavirus will be able to apply for a Self-Employment Income Support Scheme (SEISS) grant, worth 80% of their average monthly trading profits, up to a maximum of £7,500), paid in a single instalment.

If you are eligible you will be able to make your claim on a specified date between 13-18 May, based on your Unique Tax Reference number.

HMRC has assigned eligible self-employed individuals a specific date to apply on and this can be checked on HMRC’s online checker at any time here.

People will not be able to apply before their claim date but can make a claim after that day.

The claims process is simple, and those eligible will have the money paid into their bank account by 25 May 2020, or within six working days of completing a claim.

In order to make a claim you will require the following information:

• Self Assessment Unique Taxpayer Reference (UTR) – if you do not have this you can find it here
• National Insurance number
• Government Gateway user ID and password – if you do not have a user ID, you can create one when you check your eligibility online
• An account number and sort code for the bank account you want the grant paid into

UKFT is in constant dialogue with the government and is outlining the latest support available for businesses on our website. We will update the details as and when the situation changes. 

UKFT Coronavirus Guidance