Have you found this content useful? Use the button above to save it to your profile.
The government confirmed this month that self-employed new parents are entitled to the SEISS grant if their trading profits sank in 2018/19 due to a pause in their career to care for newborns within the first 12 months of birth.
Self-employed parents will have to meet the eligibility criteria under the SEISS, where claimants would have to have traded in 2018/19 with profits making up at least half their income.
The parental SEISS grant also includes parents who have adopted during this period and so didn’t trade for a period within the first 12 months of adoption.
To prove their eligibility for the grant, parents have the choice to use either their 2017-18 or both their 2016-17 and 2017-18 self-assessment returns
Register for free to continue reading
It’s 100% free and provides unlimited access to the latest accounting news, advice and insight every day. As well as access to this exclusive article, you can: