{"id":20329,"date":"2020-09-17T10:49:21","date_gmt":"2020-09-17T10:49:21","guid":{"rendered":"https:\/\/smh.group\/?p=20329"},"modified":"2023-02-15T13:48:50","modified_gmt":"2023-02-15T13:48:50","slug":"defining-adversely-affected-for-the-self-employed","status":"publish","type":"post","link":"https:\/\/devstagesite.co.uk\/smhgroup\/defining-adversely-affected-for-the-self-employed\/","title":{"rendered":"Defining \u2018adversely affected\u2019 for the self-employed"},"content":{"rendered":"\n

Many self-employed workers will have already claimed their second, and final, Self-Employment Income Support Scheme grant, but otherwise have until 19 October to do so. A key condition is that the business must have been \u2018adversely affected\u2019 by Covid-19 on or after 14 July 2020, and HMRC has provided guidance as to what this means.<\/strong><\/p>\n\n\n\n

Timing<\/strong><\/h3>\n\n\n\n

Since applications will close on 19 October, the adverse effect must occur before then. However, if a business subsequently recovers, eligibility will not be affected.<\/p>\n\n\n\n

Amount<\/strong><\/h3>\n\n\n\n

There is no minimum threshold over which income or costs need to have changed, so just a small drop in income or an increase in costs will meet the \u2018adversely affected\u2019 requirement. Of course, the change must be Covid-19 related.      <\/p>\n\n\n\n

There are several ways in which Covid-19 could impact on income and costs. For example:<\/p>\n\n\n\n