Further information from the Government that may be of use to our members provided by CNHC

The Government announced its support package for the self-employed on 26 March 2020. The scheme, which is available to self-employed individuals or partnerships, will provide a taxable grant of 80 percent of average monthly profits (calculated from profits from the last three years) up to a cap of £2,500 a month. The scheme will be open to those who earn the majority of their income (over 50 percent) from self-employment and have profits of less than £50,000.

We have put together more information on the Self-employment Income Support Scheme (SEISS), based on questions raised by our Registrants. Read it here.

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