Self-employment Income Support Scheme: Directors

(asked on 1st September 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will include sole directors of limited companies in the Self-employment Income Support Scheme by matching Companies House officer records to dividend payments declared on limited company annual accounts.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 7th September 2020

The Chancellor of the Exchequer has said there will be no further changes or extensions to the Self-Employment Income Support Scheme (SEISS). However, other forms of support are available for directors of limited companies.

Those who pay themselves a salary may be eligible for the Coronavirus Job Retention Scheme (CJRS). The CJRS is available to employers, including owner-managers; individuals paying themselves a salary through a PAYE scheme are eligible.

The CJRS and SEISS continue to be just two elements of a comprehensive package of support for individuals and businesses. This package includes Bounce Back loans, tax deferrals, rental support,?increased levels of Universal Credit, mortgage holidays, and other business support grants.

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