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The Chancellor has extended the Coronavirus Self-Employment Income Support Scheme (SEISS), but freelancer groups claim that hundreds of thousands of contractors are still being ignored.
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Freelancer and self-employed group, IPSE, has written a letter to the Chancellor, Rishi Sunak, urging him to extend the Self-Employment Income Support Scheme while the self-employed need it.
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Following the second reading of the Immigration Bill in Parliament which paves the way for a points-based immigration system, agency group, APSCo, has called for a dedicated visa route for independent professionals.
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The Government is being urged to extend the Self-Employment Income Support Scheme for as long as the self-employed need it.
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The Low Incomes Tax Reform Group (LITRG) is warning owners of newly formed limited companies that it is unlikely they are eligible for the Self Employed Income Support Scheme (SEISS) grant – even if HMRC contact them and the eligibility checker says they may qualify. This comes as HMRC contact people inviting them to check their eligibility and claim for the SEISS grant.
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The Government has received praise from the self-employed sector for the 'impressive logistical achievement' of launching the Self-Employment Income Support Scheme early.
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Businesses that wish to defer VAT return payments must ensure that they cancel their direct debit in good time for VAT returns that are due on Thursday, May 7, 2020.
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Limited company contractors and the newly self-employed urgently need more support during the Coronavirus crisis.
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Small Business Minister Paul Scully is considering ways of supporting limited company contractors that he can propose to the Chancellor.
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The Chartered Institute of Taxation (CIOT) is urging employers to consider supporting employees working from home because of the Coronavirus outbreak with a tax-free payment equivalent to over £300 per year to help with the costs of higher household bills.
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