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More than 200 newly-registered businesses have taken inspiration from the pandemic to meet an increase in demand for services connected to COVID-19.
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The Government's response to the Treasury Select Committee on the gaps in Covid support has been described as 'deeply disappointing' and 'disheartening' but was nevertheless 'predictable'.
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Government statistics have revealed that the number of self-employed people in the UK dropped by 178,000 from last quarter and by 105,000 compared to the same time last year.
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Self-employed people impacted by Covid-19 are being encouraged to double-check whether they are entitled to the first round of the Government’s Self-Employment Income Support Scheme (SEISS) grant before the claim window closes on July 13.
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Businesses which have cancelled their direct debit in order to defer VAT payments, are reminded to set up a new one soon. Failure to get a direct debit set up in time could result in the business paying their VAT bill late - and ultimately result in a penalty charge.
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At least 50,000 disabled people who became self-employed last year are missing out on government support during Coronavirus, according to recent research.
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A Treasury Committee report has recommended that the Government provides greater financial help to freelancers, who have been left behind by the Government's suite of support measures for Covid.
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A tax advisory body is concerned that recipients of the Government’s Self-Employed Income Support Scheme (SEISS) grant might not realise that it is taxable.
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One in five highly skilled freelancers expect to close their business because of the COVID-19 crisis, accord to a recent survey. This is the group which has fallen through the cracks of the various Government support schemes to help the self-employed and employees.
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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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