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Furlough and SEISS 2.0: Your questions answered

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Keeping up with the latest government guidance remains a challenge, so Kate Upcraft and Rebecca Benneyworth were back this week to answer questions on the revised coronavirus business support schemes.

18th Jun 2020
Tax Writer
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This week’s Coronavirus response Q&A webinar came hot on the heels of revised furlough guidance and further details on the SEISS extension, both of which were released by the government last Friday evening.

This was the last in the popular 12-week series of interactive sessions focusing on Covid-19 issues, but our regular business and technical panellists will continue to be available for regular consultations in AccountingWEB’s new Any Answers Live webinars.

During this week’s session, Kate Upcraft tackled the numerous items of complexity arising from the revised Coronavirus Job Retention Scheme (CJRS 2.0) while Rebecca Benneyworth shone a light on the upcoming Self-Employment Income Support Scheme (SEISS) extension.

Eight out of 10 participants summed up the state of CJRS 2.0 in a webinar poll as “a complicated mess”.

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Replies (2)

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By Swedish Chef
19th Jun 2020 10:10

Wasn't the SEISS covering March/Apr/May, with SEISS 2.0 covering June/July/Aug?

https://commonslibrary.parliament.uk/research-briefings/cbp-8879/

Thanks (2)
Replying to Swedish Chef:
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By [email protected]
19th Jun 2020 14:24

It looks to me like the Treasury have conveniently wiped out June AND two weeks of July for SEISS part two. The new claim has to be based upon loss of earnings/ business AFTER July 14th 2020
“HMRC will work out a person’s eligibility for the second grant the same way as the first grant. If a person make a claim for the second grant they will have to confirm their business has been adversely affected on or after 14 July 2020“
Am I missing something here?

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