S/e grant

stuffed_crust

Also if you are self employed for all 3 of the last tax years do they base it on the average of all 3 of these years or just the last year (2018-19) even if you have 3 years or more worth of full returns submitted?

slacky1230

All 3 years 

Jeremy535897

The grant is based on the average of the three years 2016/17, 2017/18 and 2018/19 if you traded in all of those years.

stuffed_crust

Does rental income also count towards the calculation or is it strictly income/profits from S.E?

Jeremy535897

Rental income is other income, not trading income from self employment, except in rare circumstances (temporarily letting out surplus space in your business premises, for example).

Rosabell

stuffed_crust said:

Have the people who have managed to successfully apply today got the amounts they were calculating/expecting? (Don’t give your financial info please 😊)

I was £2 out, so close enough 

kimi1977

My estimates were based on everything from 2016 until now, and their calculation matched that. Unfortunately 2016/2017 was a bit slack, that shaved some off what I could have had if it had just been 2018/2019.

georgiasdragons

stuffed_crust said:

Have the people who have managed to successfully apply today got the amounts they were calculating/expecting? (Don’t give your financial info please 😊)

yes almost spot on.

hunnie

Yes, their calculation was the same as ours.

deno2000

Little worried here. My date to apply isn't till tomorrow but I see people getting random amounts over only trading a few months of a year.

What would happen in my case?
2016/17, full paye
2017/18 mainly paye apart from the last 2 months of that tax year when I became self employed on Feb 2018. (Did not make over 50% more in profit than paye)
and 2018/19 full year of self employed. 
I expected them to just use my full year.