2020 information Government

Claim a grant through the coronavirus (COVID-19) Self-employment Income Support Scheme

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www.gov.uk

Guidance Use this scheme if you're self-employed or a member of a partnership and have lost income due to coronavirus. This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months.

This may be extended if needed. You can apply if you’re a self-employed individual or a member of a partnership and you: Your self-employed trading profits must also be less than £50,000 and more than half of your income come from self-employment.

This is determined by at least one of the following conditions being true: If you started trading between 2016-19, HMRC will only use those years for which you filed a Self-Assessment tax return.

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