What can you claim if you're self-employed?
- The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) who have lost income due to coronavirus (COVID-19)
- There is also Universal Credit.
- Additionally, because of coronavirus (COVID-19), you can delay making your second tax payment on your account. If you choose to delay, you’ll have until 31 January 2021 to pay it.
Coronavirus Job Retention Scheme UPDATED
If you and your employer both agree, your employer might be able to keep you on the payroll if they’re unable to operate or have no work for you to do because of coronavirus (COVID-19). This is known as being ‘on furlough’.
Take a look at the recent changes to the CJRS.
Deferring VAT Payments
If you’re a UK VAT registered business and have a VAT payment due between 20th March 2020 and 30th June 2020, you have the option to defer the payment until a later date or pay the VAT due as normal.
Business Interruption Loan Scheme
The temporary Coronavirus Business Interruption Loan Scheme supports SMEs with access to loans, overdrafts, invoice finance and asset finance of up to £5 million and for up to 6 years.
We can help you apply for this
Click the button below to get in touch if you need help with applying
Business Rates Holiday for Retail, Hospitality and Leisure
Businesses in the retail, hospitality and leisure sectors in England will not have to pay business rates for the 2020-21 tax year.
Cash grants for retail, hospitality and leisure businesses
The Retail and Hospitality Grant Scheme provides businesses in the retail, hospitality and leisure sectors with a cash grant of up to £25,000 per property.
Bounce Back Loan Scheme
The Bounce Back Loan Scheme (BBLS) enables smaller businesses to access finance more quickly during the coronavirus outbreak.
Future Fund
This scheme will issue convertible loans between £125,000 to £5 million to innovative companies which are facing financing difficulties due to the coronavirus outbreak.
Working From Home - Save Tax
If your bills and other expenses increase as a result of working from home, employed and self-employed workers may be able to claim a tax rebate on what they’ve spent.
Bonus for UK Employers
UK Employers will receive a one-off bonus of £1,000 for each furloughed employee who is still employed as of 31 January 2021