Self Employment Income Support Scheme appointments: What occurs if you happen to miss your time? | Personal Finance | Finance

The Government has opened the Self-Employment Income Support Scheme sooner than deliberate. As of 8am on Wednesday, May 13, these eligible for the scheme can begin to apply for his or her grants. However to stop the system from being overwhelmed, HMRC have staggered the dates folks will be capable to apply.

How do you apply for a self-employment grant?

HMRC has been contacting people who find themselves eligible to use for the Self-Employment Income Support Scheme.

These individuals who have been contacted ought to have been given a novel reference quantity, which they’ll use to make a declare.

HMRC must also have knowledgeable folks when they need to make their software, and assigned a selected date between May 13 and May 18 to use from.

READ MORE: Universal Credit: How much you could be entitled to amid coronavirus

What occurs if you happen to miss your time slot?

If you miss your allotted time slot, don’t fear as you may apply from the date given to you by HMRC.

Personal finance knowledgeable Martin Lewis posted on Facebook: “I do know some are apprehensive about lacking their Self Employment Income Support Scheme software appointments.

“Here’s what HMRC advised us, ‘Times are only a information for when folks ought to apply from.

“We count on the bulk to do that however if you cannot do it on a given day you are able to do it later – it doesn’t expire and there’s no present date for the service closing.'”

For these employed, the coronavirus job retention scheme began taking purposes final month, and has now been prolonged till October.

In addition to the Self-Employment Income Support Scheme, the Government has additionally launched different measures to assist self-employed folks by the pandemic.

This consists of Bounce Back loans, earnings tax deferrals, rental help and varied different enterprise help schemes.

The Government has additionally elevated ranges of Universal Credit, and enabled folks to get mortgage holidays ought to they want them.

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