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How to choose the right computer equipment for your business to increase your productivity and efficiency without it costing the earth.

Business software helps you complete a range of tasks. Choose the right software, provide support and train your staff with our introduction.

It is highly likely that you depend on the internet for some aspects of your business. Find out how you can use the internet more effectively.

Good communication with customers, partners and suppliers is vital for business success. This summary explores business communication methods.

How would you cope if your IT system failed or was breached? We cover the main IT security issues and how to protect against them.

Good IT management can help you choose, use and implement IT. Our overview helps you manage IT in a way that maximises the return on your investment.

IT support is vital if you rely on your IT system. But how can you set up an effective safety net in case things go wrong? We explore the options.

Getting the right IT is just the first step. Appropriate training, policies and working practices can help you maximise return on your IT investment.

Applications open for second SEISS grant

18 August 2020

Self-employed workers who have been financially affected by coronavirus can now apply for a second grant through the Self Employment Income Support Scheme.

Applications for the first SEISS grant closed on 13 July 2020. Self-employed workers can now make a claim for a second SEISS grant, even if they did not make a claim for the first grant.

This second and final taxable grant is worth 70% of average monthly trading profits, paid out in a single instalment covering three months' worth of profits. The grant is capped at £6,570. The first grant was based on 80% of trading profits and was capped at £7,500.

Applicants can continue to work while receiving the grant but they must be able to demonstrate that their business has been adversely affected by the pandemic on or after 14 July 2020. The final deadline for applying for this second grant is 19 October 2020.

Your business could be adversely affected by coronavirus if, for example:

  • You cannot work because you are shielding, self-isolating, on sick leave because of COVID-19 or you have caring responsibilities because of coronavirus;
  • You've had to scale down, temporarily stop trading or incurred additional costs because your supply chain has been interrupted, you have fewer or no customers, your staff can't come in to work, one or more of your contracts have been cancelled or you have had to buy protective equipment to keep trading.

To make a claim, all of the following must apply:

  • You traded in the 2018/19 tax year and submitted your Self Assessment tax return on or before 23 April 2020 for that year;
  • You traded in the 2019/20 tax year;
  • You intend to continue trading in the 2020/21 tax year.

You cannot claim the grant if you trade through a limited company or a trust. Your trading profits must be no more than £50,000. If you're not eligible based on the 2018 to 2019 Self Assessment tax return, HMRC will look at the tax years 2016 to 2017, 2017 to 2018, and 2018 to 2019.

Written by Rachel Miller.

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