The applications are now open for the third SEISS grant to support self-employed people affected by coronavirus (COVID-19). The third grant will be based on 80% of three months’ average trading profits, paid out in a single taxable instalment capped at £7,500, and will cover the period from 1 November to 29 January 2021. Self-employed…

DSM Chartered Accountants business news update 2nd June 2020 – Self-Employed Income Support Scheme Grant   On 29th May the Chancellor announced a ‘second and final grant’ for the ‘Self-Employed Income Support Scheme’, which is for the 3 months ended 31st August 2020. https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme   https://www.gov.uk/government/news/chancellor-extends-self-employment-support-scheme-and-confirms-furlough-next-steps   The main headlines are :-   The ‘first…

DSM Chartered Accountants Business News 27th March 2020 – Self-employed income support grant scheme. The Chancellor announced the new ‘self-employment income support scheme’ grant, at 5pm on Thursday 26th March 2020. Following this announcement HMRC published the detailed rules which can read in the below link to the HMRC website :- https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme The main points…

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