The Government will pay self-employed individuals a taxable grant worth 80% of average monthly profits over the last 2 years (up to £2500 a month)
Available for UK based self-employed people with a trading profit of up to £50,000, who make the majority of their income from selfemployment and have submitted their 2019 tax return (or do so by the 23rd April).
No – will be available by June 2020 at the latest, HMRC will contact applicable self-employed individuals directly
The Government are deferring income tax payments due in July 2020 under the self-assessment system to January 2021 with no penalties or interest for late payment applied.
Available for all applicable self-employed individuals HMRC will oﬀer this automatically.
Yes – HMRC will oﬀer this automatically to self-employed individuals
The Government has conﬁrmed that self-employed individuals will be able to access the equivalent of Statutory Sick Pay through Universal Credit. From 6 April the requirements of the Minimum Income Floor will be temporarily relaxed.
Available for all self-employed individuals who are sick or self-isolating Applications can be made online via the Department for Work & Pensions