The BDA received confirmation from HMRC this week regarding your eligibility to claim the SEISS grant whilst still in receipt of your NHS income. If you meet the criteria and your private fees have decreased then you are entitled to keep all of the SEISS grant, please note this grant is taxable and will be reported on your personal tax return. Receiving both your NHS income and the SEISS grant is not considered to be a duplication of government support.
See extract from BDA below:
England: HMRC clarifies position on payments to associates
Given that associates in England are potentially in receipt of NHS earnings as well as separately being eligible for the Government’s Self-Employed Income Support Scheme (SEISS), we have been in contact with HMRC to clarify eligibility.
HMRC have now confirmed, if associates fulfil the criteria for the SEISS scheme and they have seen a drop in their overall income (for example due to a reduction in private earnings), they can make a claim for a SEISS grant while continuing to receive NHS payments.
We have also discussed the matter with NHS England. Their expectation is that NHS contract holders should be paying associates in line with previous earnings, consistent with their existing advice.
Please note, if associates are eligible and want to claim the first grant under the SEISS, the claim must be made on or before 13 July 2020. The scheme is being extended and associates may be able to make a claim for a second and final grant in August 2020.
Access to SEISS is limited to self-employed associates earnings less than £50,000. We continue to lobby for the removal of this unfair and arbitrary limit on your behalf.
See the BDA financial impact page for more information; https://www.bda.org/advice/Coronavirus/Pages/financial-impact.aspx#associatesmixed
If you wish to discuss further, please contact our Dental Accounts Specialist email@example.com
Rachel Ormston ACCA, Medical Accounts Manager