COVID-19 Support for the Self-Employed

COVID-19 Support for the Self-Employed

This information details the support available to the self-employed specifically in response to the COVID-19 outbreak.  Generic business information can be found within our other pages.

UPDATE 27th March

Self-employment Income Support Scheme

Further support is now available for self-employed individuals (including members of partnerships) who have lost income due to coronavirus (COVID-19). For further information and how to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months see links below


UPDATE 25th March

Support for the Self Employed

Time to Pay – scheme to help all businesses and self-employed people in financial distress, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC’s Time To Pay service.

Income Tax Deferral – Income Tax payments due in July 2020 for the self employed under the Self-Assessment system will be deferred to January 2021

Universal Credit – the self-employed can claim Universal Credit if required to stay at home or are ill as a result of coronavirus .


UPDATE 12th March

In the Budget (11th March 2020) the Chancellor announced a number of measures to help small businesses cope with the effects of the coronavirus outbreak, including:

  • Statutory sick pay– SMEs (businesses with fewer than 250 staff) will be refunded in full the cost of statutory sick pay for up to 14 days for an individual.
  • Businesses and self-employed– individuals in financial distress and with outstanding tax liabilities will be able to access support to agree a bespoke Time to Pay arrangement. HMRC has agreed to waive late payment penalties and interest where a business experiences administrative difficulties due to COVID-19.  Businesses need to contact HMRC to access this.