“When the scheme was launched, the newly self-employed couldn’t qualify because they hadn’t all filed the 2019-20 tax return.
“But as the tax return deadline has now passed, I can announce today that, provided they filed a tax return by midnight last night, over 600,000 more people, many of whom became self-employed last year can now claim the fourth and fifth grants.”
However, according to Old Mill, when Mr Sunak made his Budget statement the details were “somewhat vague” around the claims process for first time claimants, and these are now beginning to emerge.
Chris Bowles, a director at Old Mill, warned “it is important” that affected businesses understand that there is a verification process that must be completed before they can make a claim, and that if they are not ready to respond, they could miss out, because the deadlines are “very tight.”
READ MORE: TV Licence: Britons attacked by dangerous & ‘nasty’ scam email