Seiss 3rd payment - reduced demand

shap101

Hi can anyone clarify what "reduced demand " means in relation to the next seiss payment. 
Is it less profit or less sales? 

I sell used musical instruments online sourcing my stock from various markets, second-hand shops and private individuals which I haven't been able to do for this month which is normally my busiest  buying month ( plus 2 months earlier in the year).

Already this month  I have  lost out a few sales as  buyers wanted collect / view before purchasing which is normal on musical instruments  .  

Any help would be much appreciated. 

Jeremy535897

Reduced demand translates to fewer sales than normal. Further details are expected.

shap101

Still none the wiser if I eligible for the grant as the wording is quite vague and the examples do not really apply to my situation. 

Just a recap I am a sole trader who sells online from home,  mostly musical instruments normally sourced from second hand shops, pawnbrokers and music shops( all which have been closed during November) . 

I've been able to sell a few items online during the last month but am down on the previous 2 months but have lost all of November sourcing stock.
Also a  few sales as buyers were unable to view / collect items as I work from home, my more expensive items I offer a collection only option . 

After lockdown ends I will still be in tier 3 so unable to view items in households or allow people to collect view from home.
The demand might be still there but I am not allowed to fill it. 
Any help would be much appreciated. 

Grumpy_chap

shap101 said:

Still none the wiser if I eligible for the grant as the wording is quite vague and the examples do not really apply to my situation. 

Just a recap I am a sole trader who sells online from home,  mostly musical instruments normally sourced from second hand shops, pawnbrokers and music shops( all which have been closed during November) . 

I've been able to sell a few items online during the last month but am down on the previous 2 months but have lost all of November sourcing stock.
Also a  few sales as buyers were unable to view / collect items as I work from home, my more expensive items I offer a collection only option . 

After lockdown ends I will still be in tier 3 so unable to view items in households or allow people to collect view from home.
The demand might be still there but I am not allowed to fill it. 
Any help would be much appreciated. 

Not sure why you are confused.  Impact on profits, either reduced demand or restrictions on trade.

Keep records of the basis of the decision as per
https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme

Jeremy535897

Details now at https://www.gov.uk/guidance/how-your-trading-conditions-affect-your-eligibility-for-the-self-employment-income-support-scheme

shap101

Thanks for taking the time out to respond. 

As the shops / places I normally buy my stock from have been closed  for the last month would I be covered by. 

• carried out less work due to supply chain disruptions

Or is it solely down to demand / profit. 

Thanks again 


.

Grumpy_chap

Have you read the guidance that Jeremy and I have linked?  Are there specific queries after reading that?

Jeremy535897

See https://forums.moneysavingexpert.com/discussion/6219378/more-seiss-doubts#latest

shap101

Just had  a read of the thread and makes more sense now.  Thanks for your help .  

shap101

Slightly off topic ust read the terms of tier 3.

• you must not meet socially indoors or in most outdoor places with anybody you do not live with, or who is not in your support bubble, this includes in any private garden or at most outdoor venues

Does this mean it is possible to allow viewings or collect items from households if it is to do with your work? 

Grumpy_chap

If it is "to do with your work" then it is not "socially".

Edit: that doesn't mean people won't 'say something' to you about visitors, if you have snoopy neighbours.