Self-employment Income Support Scheme: Females
(asked on 11th May 2020) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps he is taking to ensure that reduced earnings as a result of receiving maternity allowance, are taken into account for self-employed women when calculating average profits from their tax returns for the Self Employment Income Support Scheme.
This question was answered on 19th May 2020
The Self-Employed Income Support Scheme has been designed to deliver support as quickly and effectively as possible to millions of individuals. The Government recognises the challenges faced by those with periods of parental leave, and the existing averaging calculation does account for periods of reduced profits. The Government will continue to work with stakeholders to make sure the correct funding reaches those who need it most, keeping all policies under review while ensuring that any potential changes do not risk the wider delivery of Government schemes.
The Self-Employed Income Support Scheme has been designed to deliver support as quickly and effectively as possible to millions of individuals. The Government recognises the challenges faced by those with periods of parental leave, and the existing averaging calculation does account for periods of reduced profits. The Government will continue to work with stakeholders to make sure the correct funding reaches those who need it most, keeping all policies under review while ensuring that any potential changes do not risk the wider delivery of Government schemes.