Get ready now to claim your Self-Employment Grant (SEISS)
The Government have issued updates on the grant scheme to the self-employed (SEISS). As a reminder the main elements:
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Coronavirus loans: Don’t give up yet – here come the new Bounce-Back Loans
Mike Braun April 30, 2020Coronavirus loans: Don’t give up yet – here come the new Bounce-Back Loans
One of the government’s flagship support measures was to provide guaranteed loans to small businesses. The less than snappily named Corona Business Interruption Loans Scheme, or CBILS, would provide small business with essential cash to see them through the financial crisis. Four weeks later only a tiny fraction of the funds have been offered to businesses.
Read moreAt Last Something For The Self-Employed- The Self-employed Income Support Scheme
Wendy Jackson March 27, 2020HMRC has finally revealed its support package for the self-employed. Broadly the scheme allows you to claim a taxable grant of 80% of your trading profits to a maximum of £2500 per month. This is available for the next three months but may be extended if the Coronavirus situation continues.
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