MP WELCOMES GOVERNMENT PACKAGE FOR SELF-EMPLOYED

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Isle of Wight MP Bob Seely has welcomed the government’s package of support for the self-employed through the coronavirus outbreak.

The package – announced by the Chancellor last week – is designed to pay self-employed people across the UK who have been adversely affected by coronavirus with a taxable grant worth 80% of their average monthly profits over the last 3 years, up to £2,500 per month, for 3 months.

The Chancellor said these measures had been put in place to support the likes of musicians and sound engineers; plumbers and electricians; taxi drivers and driving instructors; hairdressers and childminders.

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Details about the measures are available here – https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme.

Bob said:

“I know self-employed Islanders are deeply worried about the impact coronavirus is already having on their incomes.

“The package is designed to help people to get through this difficult time by keeping their incomes ticking over so that they can keep going until we start to come out of this turbulent time. I welcome the support package the government is offering.

“I am seeking feedback on the measures through the IW Chamber of Commerce, who I am in regular contact with.

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“It is my hope that the majority of Island businesses will survive this challenging period.

“My message to Islanders is this – we will get through this. It will not be easy, and for some it will be about just trying to survive through this difficult time, but the multi-billion pound package of support that the government has put in place so far – and continues to put in place – is designed to ensure that we can get back on our feet quickly.”

The Chancellor said the Self-Employed Income Support Scheme should be up and running by the beginning of June. In the meantime, self-employed individuals are encouraged to access universal credit, business interruption loans, and self-assessment income tax payments due in July can be deferred to the end of January next year.

The government has also said that self-employed people affected can benefit from a three-month mortgage holiday and they can defer the next three months of VAT, alongside further measures to protect renters and to help people with their energy bills.

 

The views/opinions expressed in these comments are solely those of the author and do not represent those of Island Echo. House rules on commenting must be followed at all times.
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john doe
john doe
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still dont help all self employed, especially if your newly self employed..

Steve
Steve
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No
Im one of the newly self employed and get no help
I deffo know who ill never vote for again

Steve
Steve
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No help for me Bob Seely
Iv stopped working to help stop the spread ov covid-19 but looks like ill have to go back to work and not be able to help stop the spread so thank you our gov for nothing
PS Bob Seely iv emailed you but as of yet no reply so thank you again
My vote will be changed next time around

Sarah
Sarah
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I’ve emailed Bob Seely as well, with no response. Had to self isolate as in the vulnerable group, with no help and refused a loan

Cottonballs
Cottonballs
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I have been self employed since last april and in the same boat, completely stuffed now and havent a clue what to do now. Keep looking at my kids and wife and thinking the only option I have to keep food on the table and keep a roof over their heads is to put their lives at risk and go back to work.

Sarah
Sarah
Offline

Nothing for directors of limited companies where they are the sole employee

Tim C
Tim C
Online

Me too, changed from a paye job to self employed in october. Have emailed bob seley also. Not entitled to self employed income support, only universal credit.
No clear information or guidance anywhere for recently self employed.
It seems its… “Sorry guys, your on your own.”
What the hell, thanks a bunch.

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