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Friday, November 22, 2024
3.7 C
London

U.K. Edition

Self-employed Support Scheme Opens

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The HMRC’s self-employment support scheme is now open for claims.

Thousands of self-employed scaffolders are hoping to receive backdated cash of up to £7,500 which could be paid into their accounts within two weeks.

To help with the Covid-19 crisis the Government is offering to pay self-employed workers a grant of 80% of average monthly profits over the last three years up to a maximum of £2,500 per month.

The scheme is currently only open for a further three weeks, unless the Government extend the scheme like the furlough scheme that was extended yesterday until October.

To qualify, individuals need to have made a trading profit up to £50,000. It is only available to those who made the majority of their income from self-employment.

HMRC have launched a very handy checker to see if workers are eligible before completing an application. All you need to enter is your UTR number and National Insurance Number.

Find out how much you can claim by clicking here!

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