The fifth grant is different from previous grants. In most cases, when making your claim you’ll need to tell us about your business turnover so we can work out your grant amount.
Turnover includes the takings, fees, sales or money earned or received by your business.
To make your claim, you’ll need to have 2 different turnover figures. You’ll need to work out your turnover for:
- April 2020 to April 2021
- either 2019 to 2020 or 2018 to 2019
We’ll compare these figures to work out how much you’ll get.
You will not be eligible if
You work through your own company and pay yourself wages through the PAYE system. However, in this case you may be able to apply for support through the ‘Coronavirus Job Retention Scheme’ (see section on Coronavirus Job Retention Scheme)
You are both self -employed and an employee and your tax returns show that you earn more money from your other form of employment.