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Financial Support For Self Employed Extended In Line With Employee Furlough Scheme Lexology Us Government Budget 2020 Pie Chart
Us government budget 2020 pie chart. The self employment income support scheme claim service is now open. Part of support for businesses and self employed people during coronavirus. The self employed could face financial calamity if the government does not expand its support scheme further bringing them closer in line with the latest furlough changes it has been claimed.
On 27 march the chancellor announced an additional raft of measures to help self employed workers see our dedicated story that explains whats on offer and who is eligible to claim help. If youre 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. Those eligible under the self employment income support scheme seiss which has so far seen 23 million claims worth 68 billion will be able to claim a second and final grant in august.
Getty read more related articles. Claim for some of your employees wages if you have put them on furlough or flexible furlough because of coronavirus. Furlough extension explained who can claim and whats happening to self employed.
As part of seiss those who pay tax by payment on account were allowed to defer their july 2020 payment to 31 january 2021 when they would have to. If you are self employed therefore taxed through self assessment and not paye you wont be eligible for furlough or the job support scheme but you may be eligible for the self employment income support scheme grants or be able to claim benefits. Meanwhile the self employed will get a grant worth 80 of past profits but only for the month of november.
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