Covid-19: Support for freelancers and the self-employed


As a self-employed freelancer and sole-trader, and with the situation relating to covid-19 changing all the time, it’s been difficult to keep track of the latest guidelines and financial options and available. So I did a little research and have collected a few coronavirus related links and resources aimed at those working on their own or running small businesses.  ↓

Self-Employed Income Support (SEISS) and other resources.


If your income has been reduced as result of covid-19 and your trading profits are below £50k, you should be eligible to claim a (taxable) government grant of up to 80% of average profits, up to £2.5k per month. You’ll still be able to work and earn as usual if you can.  

 

The government expect the payments to be ready by the middle of June. However, there are some other steps you can take in the meantime, such as applying for the 3-month extension if you’re due to file annual accounts and taking the self-assessment payment deferral for second payments on account. 

You may also be eligible for Universal Credit, the income requirements for which have been relaxed and / or Employment and Support Allowance (ESA) if you have a disability or health condition that affects how much you can work.

General info and resources for freelancers and designers during the Covid-19 emergency.


Leapers supports the mental health of freelancers and the self-employed. They have lots of useful covid-related resources. 

leapers.co/resources/little-guides/coronavirus

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IPSE, the Association of Independent Professionals and the Self Employed, have created a dedicated coronavirus hub

ipse.co.uk/coronavirus-hub.html

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Advice and ideas for UK small businesses

smallbusiness.co.uk