Many self employed clients are now able to claim online for the long awaited second instalment of the self employed Covid grant. The scheme will remain open until 19 October. It should be very straight forward if you claimed the first time around however this time you will only be able claim 70% of your average net profits for the past 3 years and this will be capped at £6750. HMRC are also asking all claimants to assess whether their business was adversely affected (lower income or higher costs) after 14 July as only those adversely affected will be eligible to claim the grant. Attached below is a link with more details and as with last time accountants cannot apply for this grant on behalf of clients. Please feel free to ask if any questions.

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