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@i_am_morango @MartinSLewis The full guidance is not out yet so this might not be the case but the way it is written suggests the calculation is on the last 4 years average

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@SueloBristol @Jo39934994 @MartinSLewis I don’t know why HMRC have not taken into account things like this for 19/20 as many will be in that position of reduced income but then their grants will be calculated on it.

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@RealRackCity @klgreen59 @itvMLshow Based on the current guidance your grant will be calculated over the two years you were self employment so both 18/19 and 19/20. This was how it was before but full guidance has not been released as yet.

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@Michael74933029 @MartinSLewis @GMB Yes you should qualify as HMRC will first look at your 19/20 tax return but the grant is likely to be based on the self employment income averages over your tax returns in the last 4 years

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@klgreen59 @itvMLshow HMRC will look at your 19/20 tax return first and as you have self employment only then you will be eligible but they will use your average self employment income over the last 4 tax returns if applicable to calculate the grant

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@hill_hypno Eligibility will start with the 19/20 tax return so you should be fine. The grant will then be based on average self employed income based on the last 4 years tax returns

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@tedlasso_london HMRC will asses eligibility based on the 19/20 tax return so if it has not been submitted before 2nd March then based on the guidance so far you might not be eligible as HMRC don’t know if you even traded in 19/20 or anything. The full guidance has not been published yet.

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The 4th self employment grant will first based on your 19/20 tax return to see if you are eligible and then if not look at prior years. Averages will also now include 19/20. More guidance to follow. #SEISS #Grant #selfemployed #support

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@klgreen59 @itvMLshow They will start with 19/20 for eligibility and if eligible then HMRC will work out average income over 4 years if applicable, if not eligible based on 19/20 then they will look at previous tax years too to check eligibility

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@AshDMcarp @itvMLshow @MartinSLewis If you are eligible based on 19/20 then you should be fine and HMRC won’t look at prior years. The calculations for the actual grant will be based on 4 years average income

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@KerryWills5 @MartinSLewis Sorry it’s not the news you wanted, further guidance will be published which might change things. Hopefully your 19/20 numbers make you eligible.

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@KerryWills5 @MartinSLewis More information of how it will be done.

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@KerryWills5 @MartinSLewis The way we see it is that if you are not eligible based on your 19/20 tax return then they will go back and look at previous 3 years for eligibility. If eligible based on 19/20 tax return then they will use the average of 4 years if applicable to work out a average income.