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Self employment Income Support Scheme launched

Self-employment Income Support Scheme launched

The Self-employment Income Support Scheme (SEISS) opened for applications at 8am on 13 May 2020. The scheme will provide grants of up to £2,500 per month based on 80% of average profits to qualifying applicants.

HMRC has reiterated that the claim is designed to be made by the claimant directly and that advisers cannot make a claim on behalf of their clients. Instead, qualifying applicants need to make a claim using their own Government Gateway account.

Financial support if you have Coronavirus symptoms

Financial support if you have Coronavirus symptoms

You must tell your employer as soon as possible if you are showing signs of Coronavirus. Your employer will be able to inform you if you are covered by their sick leave policy. If you are, you may be asked to furnish them with an isolation note that proves you cannot work due to Coronavirus symptoms. You can get an isolation note from NHS 111 online in England, NHS inform in Scotland, NHS Direct in Wales and from the Public Health Agency in Northern Ireland.

Furlough Scheme Extended to 31 October 2020

Furlough Scheme Extended to 31 October 2020

The Chancellor, Rishi Sunak has today (12 May 2020) announced significant changes to the Coronavirus Job Retention Scheme, now commonly referred to as the furlough scheme. The scheme had been due to run until at least 30 June 2020. The Chancellor has now confirmed to the House of Commons that the furlough scheme will be extended for a further 4 months until the end of October and kept open for all sectors. By the end of October, the scheme will have been running for an astonishing eight months.