Support for Self-Employed people impacted by coronavirus COVID-19

Financial support for self-employed workers impacted by coronavirus has been announced.

The package is called the Self-Employed Income Support Scheme. Self-employed workers can claim up to 80% of their monthly wages, up to a maximum of £2,500 each month.

Unfortunately this does not include directors, who are technically employees of their limited companies.

  • Self-employed workers must have filed a tax return for 2019 to qualify.
  • Their yearly profits must not be more than £50,000
  • The majority of earnings must be as a self-employed person (so that you are dependant on these earnings).

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