Thursday 30th July 2020
As part of the Citizens Advice Exeter and The Express and Echo weekly advice column, this week we focus on support for the self-employed due to Coronavirus.
I am self-employed and work has dried up because of the Coronavirus lockdown. I claimed for the Self-Employment Income Support Scheme and heard that there is some additional help now available from the Scheme. What’s the latest?
The 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.
Eligible businesses that had been adversely affected had to make a claim for the first grant on or before 13 July 2020.
The Government has now announced that the scheme is being extended. If you’re eligible for the second and final grant, and your business has been adversely affected on or after 14 July 2020 you’ll be able to make a claim in August 2020. You can claim for the second grant even if you did not make a claim for the first grant.
More details about the Scheme, and how to make a claim, can be found at www.GOV.UK
Further more information and advice is available at: www.citizensadvice.org.uk
The information contained in these articles does not constitute advice. Citizens Advice Exeter and The Express and Echo accept no liability for the information published. Citizens Advice Exeter is unable to respond to individual requests for advice through these columns. Copyright Citizens Advice. For the most up-to-date information, please visit www.citizensadvice.org.uk