SEISS claims for the fourth grant must be made by June 1 and where self-employed workers may be struggling with the process, HMRC can be contacted for assistance. However, the upcoming bank holiday on May 31 may make this more difficult.
Claims must be made by self-employed workers themselves and not delegated to a tax agent or advisor.
This is because doing so may trigger fraud alerts and/or delay payments.
HMRC will, while checking claims, take “appropriate action” to withhold or recover payments for claims found to be dishonest or inaccurate.
The Government also warns online services may be slow during busy times, making the upcoming deadline even more difficult to meet.
The fourth grants are calculated at 80 percent of three months average trading profits.
The money itself will be paid out in a single instalment capped at £7,500.
To work out eligibility for the fourth grants, HMRC will first look at claimants 2019 to 2020 Self Assessment tax return and their trading profits must be no more than £50,000 and at least equal to or more than the non-trading income.
Should a claimant be ineligible based on their 2019 to 2020 tax returns, HMRC will then look at the 2016 to 2019 tax return information.
So long as a claimant is eligible, they should receive the grant within six working days of claiming.