HMRC published further guidance on the self-employed income support scheme on 12 June, by updating their guidance at:
The scheme is being extended, and claims for a second and final grant can be made from 17 August 2020.
HMRC will work out eligibility the same way as the first grant. If a claim is made for the second grant you will have to confirm your business has been adversely affected on or after 14 July 2020.
The grant will be a taxable grant worth 70% of your average monthly trading profits, paid out in a single instalment covering a further 3 months’ worth of profits, and capped at £6,570 in total.
You can claim for the second and final grant even if you did not make a claim for the first grant.
The online service for the second and final grant is not available yet. Do not contact HMRC as they will update their guidance when this service is available.
You can sign up for any future up dates to the HMRC web page at https://www.gov.uk/email-signup?topic=/topic/business-tax/self-employed