Support for business

Self employed

Self Employed

Those who are self-employed or a member of a partnership and have been adversely affected by COVID-19 can claim a grant through the Self-Employment Income Support Scheme.

Self-employed people can claim a taxable grant of 80% of their average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether.

This scheme is open to those who are already self-employed and have a self-assessment tax return for 2019. It applies to those with trading profits up to £50,000 a year. This is a temporary scheme, but it may be extended.

Further information can be found on the government's Business Support web page.  

Employment and support allowance

If you are self-employed or earning below the Lower Earnings Limit of £118 per week - and you have COVID-19 or are advised to stay at home, you can make a claim for Universal Credit or new style Employment and Support Allowance. If you are eligible for new style Employment and Support Allowance, it will now be payable from day 1 of sickness, rather than day 8, if you have COVID-19 or are advised to stay at home.

If required you can access advance payments upfront without needing to attend a jobcentre, nor is there a need to attend a jobcentre to demonstrate gainful self-employment.

 

Related Downloads