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Wednesday, January 22, 2025
2.6 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.

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Find out how much you can claim by clicking here!

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