The Government has announced a new Self-Employed Income Support Scheme to support those who work for themselves.

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The government will pay self-employed people, who have been adversely affected by the coronavirus, a taxable grant worth 80% of their average income over the last three years, up to £2,500 per month, for at least three months.

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Self-employed people who are eligible can apply directly to HMRC for the grant, using a simple online form; HMRC will then pay the grant straight into your bank account.

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This scheme will be open to those with income of £50,000 or less, who make the majority of their income from self-employment.

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For self-employed people who are struggling now, we’ve also made sure that most will be able to access the business interruption loans.

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And we’ve also changed the welfare system so that self-employed people can now access Universal Credit in full.

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A self-employed person with a non-working partner and two children, living in the social rented sector, can receive welfare support of around £1,800 per month.

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Please follow the link below for further details

https://www.businesssupport.gov.uk/self-employment-income-support-scheme/

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