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<p>The practical issues that prevented us from being able to include the newly self-employed
in 2019-20 in the original Self-Employment Income Support Scheme (SEISS), namely that
HM Revenue and Customs (HMRC) will not have access to their self-assessment returns
to be able to verify their eligibility, still remain. The latest year for which HMRC
has tax returns for all self-employed individuals is 2018/19. 2019/20 returns are
not due until the end of January 2021.</p><p>Unlike for employees, self-employed income
is not reported monthly, but at the end of each tax year on the individual’s Income
Tax Self Assessment return. This means that the most reliable and up-to-date record
of self-employed income is from the 2018-19 tax returns.</p><p> </p><p>The SEISS continues
to be just one element of a comprehensive package of support for individuals and businesses.
This package includes Bounce Back loans, tax deferrals, rental support, increased
levels of Universal Credit, mortgage holidays, and other business support grants.</p>
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