If you’re self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) use this scheme if you’re eligible to claim the grant.Published 13 May 2020From:HM Revenue & Customs Contents Before you start What you’ll need How to claim After you’ve claimed Before you start You should check if you can claim…
If you’re self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) find out if you can use this scheme to claim a grant.Published 26 March 2020 Last updated 4 May 2020 — see all updatesFrom:HM Revenue & Customs Contents Who can claim Check if you’re eligible to claim How much you’ll…
Since Mon, the new 100% state-backed bounce back loans, for up to £50,000, have been available. They’re interest and payment-free in the first year – so pay it off then and it’s no cost, and at a very low 2.5% annual interest after that. Normally we don’t cover business finance, but I wanted to here, as I’d…
The Self-Employment Income Support Scheme will pay out 80% of profits, up to £2,500 a month, to those who are eligible. We had been told contact would come mid-May, and payouts June. Yet that’s been accelerated. – Contact from HMRC to start this week by letter, text and email (do be careful if you get one, to…
HMRC will begin contacting customers who may be eligible for the government’s Self-Employment Income Support Scheme (SEISS). Published 4 May 2020From:HM Revenue & Customs From today (Monday 4 May), HM Revenue and Customs (HMRC) will begin contacting customers who may be eligible for the government’s Self-Employment Income Support Scheme (SEISS). Those who are eligible will be able to…
On Monday 27 April, the Government announced a new set of loans aimed at small businesses, worth up to £50,000 or 25% of turnover. The loans are 100% state-backed (ie, funded by the taxpayer), and can be used for cash flow issues. No fees or interest is charged in the first 12 months, while the…
Now the employees’ furlough scheme is open, I’ve had many questions about the Self-Employed Income Supportscheme timings. With it, rather than applying, you’re contacted if you’re eligible. To manage your expectations, I asked HMRC, and it’s confirmed you should expect contact mid-May (it’s not yet decided whether by letter, online or a combination, I’ll let you…
1) Working from home? Claim tax back on additional home expenses. If your employer requires you to work from home, and that means you’ve had increased costs, eg, heating & electricity, you’re entitled to claim something back for them. Clearly, right now millions are required to work from home, but in practice, apportioning the cost is tough, so instead you can…
MSENews MoneySavingExpert.com News 2020 March Employment & Self-Employment Coronavirus Help Employment & Self-Employment Coronavirus Help Your rights as an employee, self-employed etc, incl who can be furloughed Naomi Schraer, News Reporter | Edited by Johanna Noble, Associate Editor 30 March 2020 | Updated 7 April 2020 Facebook Twitter Print Mailme The coronavirus pandemic has fundamentally changed the…
You can’t get statutory sick pay if you’re self-employed. But if you have to take time off work because you’re sick or self-isolating – or if you’ve lost all your income due to coronavirus – you might be entitled to claim benefits. Plus further help has been announced in the form of the new Self Employed…