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The Government have announced further support payment for the self employed.
The above is for businesses that are required to close under the imposed coronavirus restrictions.
Further to the national lockdown being announced, the Prime Minister has provided additional financial support as part of the government’s plan to assist business in this next phase of the coronavirus outbreak.
A new grant scheme was announced by the Government last week. The government are providing £20 million IT funding for small business to use to upgrade their technology, new equipment and also hire professionals to get them through the pandemic.
Summer Economic Update
Rishi Sunak unveiled his budget on 8 July 2020 in an attempt to boost the economy in the wake of the coronavirus pandemic.
Self-Employment Income Support Scheme
The Chancellor, Rishi Sunak, announced plans last week to extend the Self-Employed Income Support (SEISS) for those whose trade continues to be, or is newly, adversely affected by COVID-19. Eligible self-employed people will be able to claim a second and final SEISS grant in August.
