Lambert Roper & Horsfield Limited Accountants Calderdale, Huddersfield
Business Services

Most businesses are very good at providing the products and services that their customers need – but running a business involves much more than that.

Click here to find out more...

Private Clients

The financial world is a complicated place and there are times when you’ll need some expert help.

Click here to find out more...

Wealth Management

When it comes to your finances, taking time out to seek expert advice is always a wise investment.

Click here to find out more...

Specialist Services

We also provide specialist services to a range of other clients.

Click here to find out more...

You are here: Home » Latest News » Covid-19 » HM Revenue & Customs updates Self-Employment Income Support Scheme guidance

HM Revenue & Customs updates Self-Employment Income Support Scheme guidance


Ahead of the second round of funding for the Self-Employment Income Support Scheme (SEISS) opening for applications on 17 August, HM Revenue & Customs (HMRC) has updated its guidance documents relating to the scheme.

The first round of applications for SEISS grants closed on Monday 13 July 2020 and had allowed self-employed individuals to claim grants worth up to 80 per cent of their usual trading profits over three months, capped at £7,500.

The second round of SEISS grants will be worth up to 70 per cent of usual trading profits over three months, capped at £6,570.

The eligibility criteria remain substantially the same as for the first round of funding, with applicants required to have annual trading profits of no more than £50,000, at least equal to their income from non-trading sources.

Self-employed individuals will need to have been adversely affected by the Coronavirus outbreak on or after 14 July 2020, because, for example:

  • They are unable to work because they:
    • are shielding
    • are self-isolating
    • are on sick leave because of coronavirus
    • have caring responsibilities because of coronavirus
  • They have had to scale down, temporarily stop trading or incurred additional costs because:
    • their supply chain has been interrupted
    • they have fewer or no customers or clients
    • their staff are unable to come in to work
    • one or more of their contracts have been cancelled
    • they had to buy protective equipment so you could trade following social distancing rules

As with the first round of the scheme, HMRC says it will contact self-employed individuals that it believes will be eligible. However, it has warned people to be alert to the possibility of fraudulent texts, calls or emails purporting to be from HMRC and asking them to click a link or provide personal information.

HMRC has also launched a new service for people who were in receipt of the first grant but believe either that they were overpaid or that they were not, in fact, eligible to make repayments. Repayments can be made online here.

The New LRH Client Portal


We are delighted to announce that the LRH client portal (powered by Onvio, a Thomson Reuters company) is now fully operational… Continue reading →

Get in touch!


Telephone: 01422 360788

Email: mail@lrh.co.uk