Martin Lewis Money Saving Expert: HMRC recommendation on Self-Employment scheme eligibility | Personal Finance | Finance


Martin Lewis, well-known for his MoneySavingExpert web site, at this time used his programme on ITV to debate the most recent authorities measures within the midst of the coronavirus. Particularly, Martin targeted on the Self-Employment Income Support Scheme, offering help to freelancers whose work has been affected by COVID-19. On the present, Martin spoke to HMRC chief Jim Harra a couple of sequence of issues which had been reported inside the scheme’s first few days.

On behalf of a involved Briton named Theresa, Martin requested: “My accomplice checked eligibility and the primary display screen mentioned eligible.

“The second display screen then mentioned not eligible. He clicked to request a assessment and it mentioned this could be checked out on the finish of May. Will this cease my utility, having requested a assessment?”

And HMRC First Secretary, Mr Harra, responded with some useful recommendation to probably clarify the rationale behind early teething issues.

He mentioned: “The service is working very nicely, and many individuals are utilizing it efficiently – I’m sorry Theresa’s accomplice acquired that have.

“When we opened the eligibility checker final week, we nonetheless had some final bits of information to load up, and that does imply a small variety of folks could have gotten a change in that call.

“People ought to fill within the assessment type and we are going to double examine that and get again to them earlier than the top of this month to substantiate whether or not they’re eligible or not.”

Martin then prompt those that tried final week might make one other try. 

Mr Harra elaborated: “Everyone who’s eligible ought to have heard from us by now, as we now have been texting, emailing and writing to folks.

READ MORE: Universal Credit UK: Appeal Court decision could ‘help thousands’

The authorities then introduced it will be rolling out the scheme weeks early in an effort to assist these out of labor on account of the pandemic.

SEISS will cowl the months of March, April and May, and is predicted to go as much as £7,500. 

The grant will present eligible self-employed folks with 80 p.c of their common month-to-month buying and selling income, in a scheme which mirrors the wage providing beneath furlough. 

Claimants of SEISS have been assigned a particular date on which to assert their grant by HMRC. 

This will fall between May 13 and 18, with Britons inspired to examine their date earlier than making an utility. 

Mr Harra additionally confirmed to Martin Lewis that those that missed the date would nonetheless have the chance to use for the cash.

To apply Britons will want their Self Assessment Unique Taxpayer Reference, National Insurance quantity and related financial institution particulars. 

They may also be required to enter their Government Gateway User ID, which additionally could be generated upon making an utility. 

Martin Lewis is the Founder and Chair of MoneySavingExpert.com. To be part of the 13 million individuals who get his free Money Tips weekly e mail, go to www.moneysavingexpert.com/latesttip



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