Government Benefits the UK self-employed, freelancers and sole traders are entitled to
The tax return deadline, normally 31 January each year, has been extended to 28 February 2021 for this year only in response to the number of people struggling to file their tax return in these unprecedented times.
The coronavirus business interruption loan (CBILS) is a form of financial support during COVID-19 for larger business.
The self-employed income support scheme (SEISS) takes the form of 4 taxable grants, up to £7,500 each. Find out if you are eligible to claim.
The bounce back loan scheme helps small & micro businesses affected by Covid-19,supporting them with government backed loans of up to £50,000
ESA is a type of sick-pay for people who cannot work due to an illness or disability, it’s recently been extended to the self employed.
HMRC has admitted making mistakes when calculating self-employed entitlement to the SEISS grant meaning thousands have been overpaid.
Working Tax Credits are available to eligible individuals who earn below a certain threshold, including those who are self-employed. Working Tax Credits are available to individuals whose income is below a certain level. They have, in the most, been replaced by Universal Credits.
The government has launched a number of schemes to help the self-employed financially during the coronavirus crisis. Here’s an overview of what’s available.
Universal credits help by topping up your income and then get reduced as you begin to earn more. Perfect if your business income takes a dip or you are just starting out. Here’s how to find out if you can claim.
You don’t have to pay income tax on all types of UK state benefits. And even if the benefit you are receiving is taxable, you’ll only pay tax on earnings that go over the personal allowance. State benefits that are not taxable Here are the most common types of UK state benefits that you do … Read more