Self employment income support scheme

HQY60P

Hello, 
I have just been accepted to receive the self employed income support scheme.  Although when I applied, it's taken my total average over 3 years.  I understand that this would be ok for a business on the basis that the majority of their income in the 3 years, would average out.
But I was employed full time until the end of January 2018. 
My business has only done 1 year of trading from April 2018 to April 2019, but they are using the tax years 16/17 and 17/18.  I only earned about £2000 adhoc in the 2 years from self employment, as the majority of my earnings were through full time employment.  This surely cannot be right,  to average earnings over 3 years,  shouldn't they only look at the year 19/20. This is when I was no longer employed, and 100% self employed. 
Please advise. 

Splatfoot

That's how they are working it out unfortunately. We are in a similar boat. 

Dazed_and_C0nfused

This surely cannot be right,  to average earnings over 3 years,  shouldn't they only look at the year 19/20. This is when I was no longer employed, and 100% self employed. 

From what you have posted using the three years from 2016:17 through to 2018:19 to calculate the amount is correct.

2019:20 is never used to calculate the amount due.

HQY60P

Hello, 
I have just been accepted to receive the self employed income support scheme.  Although when I applied, it's taken my total average over 3 years.  I understand that this would be ok for a business on the basis that the majority of their income in the 3 years, would average out.
But I was employed full time until the end of January 2018. 
My business has only done 1 year of trading from April 2018 to April 2019, but they are using the tax years 16/17 and 17/18.  I only earned about £2000 adhoc in the 2 years from self employment, as the majority of my earnings were through full time employment.  This surely cannot be right,  to average earnings over 3 years,  shouldn't they only look at the year 18/19. This is when I was no longer employed, and 100% self employed. 
Please advise. 

HQY60P

Sorry but I meant to say 18/19. Not 19/20

HQY60P

Dazed_and_C0nfused said:

This surely cannot be right,  to average earnings over 3 years,  shouldn't they only look at the year 19/20. This is when I was no longer employed, and 100% self employed. 

From what you have posted using the three years from 2016:17 through to 2018:19 to calculate the amount is correct.

2019:20 is never used to calculate the amount due.

Thanks for your help.  But if I was employed until the end of January 18, and the majority of my earnings came from employed work, then I didn't know that they could use the years when your self employed income was less than 50%. Which is why I thought they could only look at the tax year 18/19.

Dazed_and_C0nfused

You are getting the eligibility criteria mixed up with the way the SEISS amount itself is calculated.

HQY60P

Is it correct then that they are using tax years when I earned £500 In a year, and £1500 In another year.  The amount of self employment money earned.
But I earned over 55k from employment,  but are still using the 3 years as my earnings.  But 2 of them only 2k, as I was employed. 

Dazed_and_C0nfused

Yes, as far as the actual amount is concerned that is how the system is designed to work.

HQY60P

I'm stuck then. Thanks for the comments.

Jeremy535897

In one sense you are lucky. If they only used the 3 years for the 50% eligibility test, you would have got nothing at all. But because they look at 2018/19 in isolation for the 50% eligibility test first, you passed that test. But they still then use the 3 years for the calculation of the grant.