The Self-Employment Income Support Scheme currently allows you to claim a taxable grant worth 80% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £7,500 in total. If you’re eligible you must make your claim for the first grant on or before 13…
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Self-employed parents whose trading profits dipped in 2018/19 because they took time out to have children will be able to claim for a payment under the Self-Employed Income Support Scheme (SEISS) within the next few weeks. The scheme requires claimants to have traded in 2018/19 with their profits making up at least half of their…
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OVERVIEW This Bulletin includes information on: Amendments to the Coronavirus Job Retention Scheme (CJRS) – The ‘Furlough’ Extension of the Self-Employed Income Support Scheme (SEISS) CJRS (Furlough) On Friday 29 May the Chancellor of the Exchequer announced a series of amendments to the CJRS. He set out more details on how the Coronavirus Job Retention…
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If you’re self-employed or a member of a partnership and have been adversely affected by Coronavirus the Treasury has issued some updated guidance and regulations on the Self-Employment Income Support Scheme (SEISS), which makes their existing support more generous. In this Bulletin you can find out if you can now use this revised scheme to…
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We’ve put together a slide deck together to help you identify the key areas you need to look into as a small business owner, if you are being adversely affected by the Coronavirus (Covid-19). Click the button below the slides to download the presentation and get access to all the useful links.
The Chancellor of the Exchequer has announced a package of measures to help the Self-Employed and Freelancers who are not PAYE employees. Added together these groups make up around 5 million people in a total UK workforce of about 28 million. The Chancellor says that his package will assist about 95% of the 5 million.…
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