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Changes have been announced to SEISS Scheme to include self-employed new parents
HMRC online guidance has been updated to reflect the changes made to the Self-Employment Income Support Scheme (SEISS) with regards to self-employed new parents.
Self-employed parents who did not submit a tax return for 18/19, or whose trading profits in 18/19 were less than their other income, and were therefore ineligible for the SEISS, because they were taking time out of their trade to care for a new child, can now claim for the SEISS if they meet the other standard eligibility criteria.
Either 2017/18 or both 16/17 and 17/18 self-assessment returns will be used as the basis of eligibility and grant calculation.
It does not affect the grant calculation for those who submitted an 18/19 return and were already eligible.
The information should be provided using the online form on or before 5th October 2020. Further information is available on the GOV.UK website.
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