Calculating the Self-Employed Income Support Scheme - CPD module – NEW

This month's exclusive Accountancy Daily CPD module focuses on the eligibility criteria and calculating how much a client can claim through the Self-Employed Income Support Scheme (SEISS)

SEISS is a key part of the package of measures announced by the government to support businesses affected by Covid-19. A self-employed person (including a partner in a partnership) is eligible for the scheme if they meet certain conditions and if they are not excluded from the scheme.

The grant is calculated by reference to the person’s average trade profits and it is paid in two parts.

By completing this module on the Self-Employed Income Support Scheme, advisers will be able to:

  • apply the eligibility criteria in order to see if the client qualifies for the grant;
  • determine if an exclusion applies in order to check if the client is excluded from the same scheme;
  • calculate the amount of the grant in order to advise the client on how much they can expect to receive; and
  • Understand how it will be paid in order to help the client to claim the grant and plan their finances.

This CPD module takes 20 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to your CPD Tracker.

The CPD course lecturer is Stephen Relf ACA CTA, lead tax writer at Croner-i.

Play the CPD module here

If you're already a subscriber, you can log in to access this CPD module.

5
Average: 5 (3 votes)
Subscribe