Can you continue to work and still apply for self employed grant ?

ssdkck

From my understanding from martin Lewis you can still work and claim the grant? Is this correct 

TG4773

It says you can continue, I want to know is it just the job you do self employed or can you take a temp job on elsewhere? I have quite high overheads to takings so my 80% of profit is only 40% of usual takings, most of my overheads remain so doesn’t give me anything to live on. I’ve been offered a temp contract at my local Sainsbury’s, if I work 35hours a week there it will allow to to actually cover my bills and buy food, the wage and SEISS would still be a lot less than my usual income so it’s not me being greedy, I’m trying to financially survive. Being it’s a PAYE job I’m worried it would stop my right to claim Self employed income support, anyone know 100%?

mobilejo

It's being furloughed that comes with work restrictions (and even then, you can take on a second job for a different employer while furloughed).

The SEISS is not furlough, its a grant, and does not come with any work restrictions (at the moment - obviously anything can change in the future).

Hermann

If you're self employed and meet the criteria you are entitled to claim.

Whether you qualify for a payment will depend on filling out a form you will be sent, we don't know whats on that form as it's not been published, but it's reasonable to assume it will include something about your trading having been reduced due to COVID-19.

You can continue to work if you intend to apply.

Who can apply

You can apply if you’re a self-employed individual or a member of a partnership and you:

• have submitted your Income Tax Self Assessment tax return for the tax year 2018-19
• traded in the tax year 2019-20
• are trading when you apply, or would be except for COVID-19
• intend to continue to trade in the tax year 2020-21
• have lost trading/partnership trading profits due to COVID-19

Your self-employed trading profits must also be less than £50,000 and more than half of your income come from self-employment. This is determined by at least one of the following conditions being true:

• having trading profits/partnership trading profits in 2018-19 of less than £50,000 and these profits constitute more than half of your total taxable income
• having average trading profits in 2016-17, 2017-18, and 2018-19 of less than £50,000 and these profits constitute more than half of your average taxable income in the same period

If you started trading between 2016-19, HMRC will only use those years for which you filed a Self-Assessment tax return.

ssdkck

All a bit confusing because martin Lewis has also stated that you don't have to prove that you have been impacted from coronavirus, all who qualify will get it. 

Jeremy535897

I wonder whether Martin really said that? For most ongoing businesses it would be very easy to show you have lost something through COVID-19. A £5 sale lost will do. But there are some sorts of business that are treated as trades, where the income is known to the penny right from the start (like film partnerships). They won't qualify.

Hermann

I agree his newsletter does state that. I'm not sure that is correct, I have challenged it with the team and await a reply.