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In order to help self employed persons through this difficult time the government has set up the self employed person income relief scheme sirs.
Income help for self employed. Find your local authority to apply for a self isolation payment you can apply for a payment of 500 from your local authority if you. Guidance about the self employment income support scheme grant extension has been updated. Yet a large group of self employed people are missing out on the. A scheme to help self employed people claim a grant to help if they ve been affected by the coronavirus.
The third self employed income support scheme seiss grant covering november to january will now be 80 of average trading profits up to a maximum of 7 500 the chancellor rishi sunak has announced. November 2020 to january 2021. Read on for more about your rights as a self employed person and what support s out there including help for limited company. The coronavirus self employed income support scheme seiss is designed to protect people in a similar way to employed workers.
If you re self employed you ll already know about this scheme and you might have already claimed for a grant. See our coronavirus help for the self employed guide for more info. This payment is expected to be made in december and applications should open in late november. The government has extended the self employment income support scheme into 2021.
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. This includes those with average annual trading profits loosely your taxable profits of 50 000 or more and those who have become self employed since april 2019 and so haven t filed a tax return yet. A new seiss support scheme will now cover 80 of usual earnings up to a max of 7 500 for the months november 2020 to january 2021. With a fall in business activity and restrictions on movement many have seen their incomes evaporate.
Published 26 march 2020. And here s mse founder martin lewis quick video explainer of the changes. The self employment income support scheme comprises four grants. Self employed income support scheme seiss the self employed income support scheme has been extended until april 2021.
Previously the third seiss grant for lost earnings was meant to cover up to 80 of average profits in november then up to 40 of average profits in december and january up to a maximum of. The first two are now closed and while the third covers november to january applications are not yet open. February 2021 to april 2021. The extension to the scheme means you can claim for two more grants to cover.
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