Self Employment Support

The government have now announced a Self Employment Income Support Scheme.

This scheme will allow sole traders and partners to claim a taxable grant worth 80% of their trading profits up to £2,500 per month, for at least three months.

HMRC will contact all self employed workers that qualify, with payments expected in June. They will at this point pay three months worth of claims as a lump sum.

Unfortunately, you do not qualify if your profits exceed £50,000 or if you were not registered and did not complete a 2018/19 tax return.

Here is the guidance for more information:

https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme

Featured Posts
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

Visit

3 Rushton’s Yard

Market Street

Ashby de la Zouch

Leicestershire

LE65 1AL

Call

T: 01530 414285

M: 07525 421454

© 2014 by

Darcey and Bate Accountants

Darcey and Bate Accountants Limited company number 08389435 (Registered in England)