The SEISS and Your Accountant, Cobham

by | Feb 24, 2021 | Accountant

The British Government’s response to the ongoing COVID-19 pandemic has involved a series of lockdown efforts aimed at minimising the extent of community spread and circulation of the virus. In an attempt to limit the economic consequences of these measures, various schemes have been introduced to support the self-employed, especially those who have lost considerable profits as a result of lockdown or social distancing. If you are self-employed and your operations have been impacted substantially by lockdown, you may be covered by the Self-Employed Income Support Scheme. An accountant in Cobham can assist you with understanding the scheme and your eligibility.

A crucial element of qualifying for the SEISS is being able to demonstrate that your operations have been directly impacted by the COVID-19 pandemic. If you’re unsure of how to do so, working with an accountant in Cobham can be of great use. Part of successfully filing a claim for the SEISS involves being able to prove that your business intends to continue trading, as well as having reason to believe that ongoing lockdown or social distancing is likely to directly impact your trading profits.

If you intend to file a claim under the SEISS, an accountant in Cobham can be of crucial importance. One firm with a team experienced in filing under the current and previous iterations of the SEISS is David Beckman and Co. Ltd. Whether or not your operations and profits have been impacted by lockdown or government measures taken in response to the COVID-19 pandemic is immaterial if you are not able to demonstrate this when you make your claim. Working with a competent accountant can help you put together a claim that is likely to succeed and thereby secure the financial assistance available to the self-employed in the UK who have been worst-impacted by COVID-19.

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