Bookkeeping Bites – ‘Adversely Affected’ Explained

 

“Hey! Hey You! Are you SURE you can claim that?”

We are working in a brave new world, a new world of the revised Self-Employed Income Support Scheme (or SEISS – part of Big G’s Corona Virus financial support)….

And the key words, this time around, are:

🤓🤓🤓🤓 ‘ADVERSELY AFFECTED’ 🤓🤓🤓🤓

Ok, so, why?

The SECOND ROUND for claims under the SEISS will take place in August (date TBC folks 😊) and is for businesses that have been, in Big G’s words:

🧐 ‘ADVERSELY AFFECTED on or after the 14th JULY’ 🧐

So, Big G has failed to actually furnish us with the exact definition for this old catchy tune of ‘ADVERSELY AFFECTED’ but we can give you some idea….

Are you:

🤓 Shielding?
🤓 Self-isolating?
🤓 On sick leave due to Corona Virus?
🤓 Caring for someone due to Corona Virus?

Has your business:

🤓 Been scaled down or temporarily stop trading?
🤓 Had an interrupted supply chain?
🤓 Had fewer or no customers or clients?
🤓 Had staff unable to come into work?

YES? Then, you may well possible be in the ‘ADVERSELY AFFECTED’ gang (membership strictly monitored peeps!)

💥 Want some examples? 💥 No problem, check out this link from Big G:

https://www.gov.uk/guidance/how-different-circumstances-affect-the-self-employment-income-support-scheme#adversely-affected-examples

💥 Want the full guidance? 💥 No problem, here you go:

https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme#check

Want more help? Then why not drop us a line ☎️ we are always happy to help.

Stay safe everyone 😍😍😍