Setting the record straight ref my Covid19 Self Employment income support Payments

[the other bob wilson]

I'm self employed, but I the money I make is not that much and is just meant to supplement my Civil Service pension. In truth, I don't believe the virus has made any difference at all to my income, so I've not been bothering with this scheme. The peak time for the annual income I get is at the start of each football season, so I was thinking of maybe applying if I did not make as much money by, say mid September, as I had done in the previous two years, but I'm already past, or very close to passing, 70 per cent of my normal income, so, as I see it, I don't qualify for anything.

I've only filed tax returns for the last two years as well, so does that mean I wouldn't qualify anyway?

[blue matt]

I'm self employed, but I the money I make is not that much and is just meant to supplement my Civil Service pension. In truth, I don't believe the virus has made any difference at all to my income, so I've not been bothering with this scheme. The peak time for the annual income I get is at the start of each football season, so I was thinking of maybe applying if I did not make as much money by, say mid September, as I had done in the previous two years, but I'm already past, or very close to passing, 70 per cent of my normal income, so, as I see it, I don't qualify for anything.

I've only filed tax returns for the last two years as well, so does that mean I wouldn't qualify anyway?

the deadline for the 1st claim has passed , the 2nd claim deadline is 19th Oct

You can still claim if you have made one Tax return, they just take a average of your past 3 ( if you have done them ) but in your case they would average your last 2

in your case, if your income has been affect in the 2nd period ( since July 14th ) you can make a claim, forget about hitting the 70 % mark, if your income has been effected in anyway since July 14th you can claim ( in your case it will be 70% of 3 months profit from a average over the last 2 years )

in your case, you might hit 90% of your income, but as you have lost 10% you can make a claim, but that claim will be 70% so you will have earnt 160% of your income ( a issue pointed out by toadstool above ) but thats the way HMRC have done , it is your call if you want to claim

[the other bob wilson]

the deadline for the 1st claim has passed , the 2nd claim deadline is 19th Oct

You can still claim if you have made one Tax return, they just take a average of your past 3 ( if you have done them ) but in your case they would average your last 2

in your case, if your income has been affect in the 2nd period ( since July 14th ) you can make a claim, forget about hitting the 70 % mark, if your income has been effected in anyway since July 14th you can claim ( in your case it will be 70% of 3 months profit from a average over the last 2 years )

in your case, you might hit 90% of your income, but as you have lost 10% you can make a claim, but that claim will be 70% so you will have earnt 160% of your income ( a issue pointed out by toadstool above ) but thats the way HMRC have done , it is your call if you want to claim

Thanks for clarifying things. I'd made all of my money from the 19/20 financial year before Covid hit and did not make anything in the early months of this financial year, so didn't bother with the first claim. We're only talking a pretty small sum if I apply during the second period, but I'm minded to do it - I'll give it a few more weeks to see exactly how much I get before making a final decision.