Self-employment Income Support Scheme
(asked on 21st April 2020) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government how profits are defined under the COVID-19 Self-employment Income Support Scheme.
This question was answered on 5th May 2020
The new Self-Employment Income Support Scheme (SEISS) will help those adversely affected by COVID-19. It means the UK will have one of the most generous self-employed COVID-19 support schemes in the world. Full guidance on how HMRC work out trading profits and non-trading income for the SEISS can be found on GOV.UK.