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.

New HMRC online tool for SELF EMPLOYED grant claimants

This new tool helps you find out if you are eligible to make a claim through the Self Employment Income Support Scheme. You will need your self-Assessment UTR (the long number you use for your tax return) and your national insurance number.

https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme?utm_source=South+Gloucestershire+Council+resident+update&utm_campaign=cc4abc7eba-EMAIL_CAMPAIGN_2020_05_05_01_09&utm_medium=email&utm_term=0_fb4bc0c59a-cc4abc7eba-406237961

CASh for small business / self employed

ARE YOU A SMALL BUSINESS / SELF EMPLOYED?

WANT SOME CASH as a GRANT no strong.

Have you applied for a grant, not a loan, a grant from South Glos Council? The government has given South Glos £39 Million to give to local small business and the self employed. This is in addition to the loans schemes and furlough.

But so far they have only managed to give out under half. They are working through applications as quickly as they can - but the real issue is that people are not asking for the cash. This is a grant you can get. Cash for just filling in one form. No strings. So what are you waiting for??

• .For more info please visit www.southglos.gov.uk/businessinfo"
• Please share with anyone in South Glos who runs a small business