Wednesday, 3 June 2020

Extended Self-Employment Income Support Scheme The government has extended the Self-Employment Income Support Scheme and confirmed next steps for furloughing. If you’re eligible for the Self-Employment Income Support Scheme, you will be able to claim a second and final grant in August worth 70 per cent of your average monthly trading profits. This will be paid out in a single instalment covering three months’ worth of profits, and capped at £6,570 in total. From 1 July 2020, businesses will be given the flexibility to bring furloughed employees back part time under the Coronavirus Job Retention Scheme.

Extended Self-Employment Income Support Scheme


The government has extended the Self-Employment Income Support Scheme and confirmed next steps for furloughing.

If you’re eligible for the Self-Employment Income Support Scheme, you will be able to claim a second and final grant in August worth 70 per cent of your average monthly trading profits. This will be paid out in a single instalment covering three months’ worth of profits, and capped at £6,570 in total.

From 1 July 2020, businesses will be given the flexibility to bring furloughed employees back part time under the Coronavirus Job Retention Scheme.

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