Self-Employed help and updated Guidance for the Coronavirus Job Retention Scheme

Help for the Self-Employed and updated Guidance for the Coronavirus Job Retention Scheme

The Coronavirus (COVID-19) Self-employment Income Support Scheme

The Government have announced a new scheme to help the Self –Employed.  This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months. This is subject to guidance issued by HMRC.

Please click here for further details.

Claim for wage costs through the Coronavirus Job Retention Scheme

Employers can use a portal to claim for 80% of furloughed employees’ (employees on a leave of absence) usual monthly wage costs, up to £2,500 a month, plus the associated Employer National Insurance contributions and minimum automatic enrollment employer pension contributions on that wage. This is subject to guidance issued by HMRC.

New guidance has been issued which gives further details.  To see the new guidance please click here.

The information contained in this website is for general information purposes only. The information is provided by Hardings and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.