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Is there now any financial support for the self employed due to covid?

12 replies

Dachshelp · 23/01/2021 12:46

So my mum is self employed, she hadn’t put a tax report in the year before covid (can’t think of the term) so she hasn’t been able to get any money from the government. Have they now yet provided any support for people in her situation can anyone tell me?

OP posts:
userxx · 23/01/2021 13:25

Unfortunately not. I'll be honest, I can't see it happening.

lubeybooby · 23/01/2021 13:26

might be eligible for universal credit

Dachshelp · 23/01/2021 13:51

Ok: that’s a shame I thought maybe they had sorted everyone out by now!

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Silkiechickscat · 23/01/2021 14:03

No I started in 2018 and there's still nothing. Unless she meets criteria for universal credit there's nothing but very diffciult to get anything under UC if you have a working partner or savings. My DH works full-time so I get nothing.

infinitediamonds · 23/01/2021 14:13

Theres still no evidence of what they would earn in a normal year so I cant see how it would work.

Silkiechickscat · 23/01/2021 15:04

There is for people who started in 2018 - I've got 2 tax returns in and about a previous 30 of employment. They could also just put some basic minimum payment in.

DriveThroughSwabber · 23/01/2021 15:23

No, and they're not going to. ExcludedUK's figures show that 3 million people are affected, but since they aren't major Tory donors, or cronies of Boris...

WTAFIhavelosttheferret · 23/01/2021 15:34

Not- it is carp

I stopped paying myself last March in order to have enough money to pay my employees. We held 2 central government and 1 regional government contract at point of lockdown- all suspended as the sector is closed. The smaller contracts have continued luckily

My car is now being sold and I can go 2 more months without having to do the redundancies on my staff as I can't go any longer without any income.

We paid £60K odd in taxation last year as a very viable company. But no help at all as we don't rent/own premises and pay rates.

Kazzyhoward · 23/01/2021 18:04

@infinitediamonds

Theres still no evidence of what they would earn in a normal year so I cant see how it would work.
Yet they paid out £10k a pop to businesses with premises, without any knowledge of how much profit would be made or what the property costs were. That's the trouble with scattergun/haphazard rules.
SendMeHome · 23/01/2021 18:05

No, but the new grant isn’t being announced until the 3rd March, one month into the period it covers, and Martin Lewis has speculated that this may be so that people have put their 19-20 tax returns in - although there’s no guarantee and no information on percentage etc, so I wouldn’t count on it.

murbblurb · 23/01/2021 18:25

she needs to do her tax return for 2019-2020 before Jan 31st. I hope she is registered online because if not she is too late and will get fined.

if she was new to SE or didn't make at least 50% of her income from SE, no support.

Dachshelp · 23/01/2021 21:30

Yes she has done her tax return, that is how we got on the conversation, she wasn’t SE the year before therefore did not have the tax return previous done.

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