Covered by the SEISS? An Accountant in Epsom Can Support You

by | Dec 18, 2020 | Financial Services

As the COVID-19 pandemic continues to unfold, the British Government unveils schemes and plans aimed to tackle the financial fallout of restrictions and lockdowns. The self-employed are some of the hardest hit by social distancing measures and other responses. Unlike those with a more conventional job, Brits who freelance or are self-employed likely do not have the option to go on furlough. As a result, the British Government has developed the Self-Employed Income Support Scheme. This scheme aims to support self-employed persons whose profits have been substantially affected by restrictions related to COVID-19. An accountant in Epsom can help you understand if you are eligible for this scheme, as well as claiming any relevant grants.

There are certain criteria you must meet to receive assistance in connection with the SEISS. This is partially due to the fact that the scheme has already been running in some form for several months. As a result, this is the third opportunity for many self-employed Britons to claim a grant. To qualify, you must now demonstrate that your business is still impacted by COVID-19. If you are unsure of how to do so, you may want to consider working with an accountant in Epsom to put together a claim. You must show that you are trading but with profits affected by COVID-19 or have been trading but are currently unable to do so as a result of COVID-19.  

One accountant near Epsom that has already helped other Britons with putting together a claim under the SEISS is David Beckman & Co. Ltd. The firm has continually adapted its approach to providing accounting services and support throughout the COVID-19 pandemic, and this is no exception. Consider reaching out to a professional accountant if you are self-employed and struggling due to COVID-19 restrictions to explore your options.   

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