Aegis Accounting

#10 - Support for Small Business During COVID-19 - 31st March Update


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The Coronavirus Job Retention and Self-Employed Income Support schemes have both now been announced, with guidance documents made available from HMRC. Both aim to provide a grant worth 80% of your income up to £2,500 per month, in principal, but details and eligibility are complex for the non-traditional employed - particularly if you are a limited company owner-director. Luckily, an official answer on that specific scenario has been provided by Her Majesty's Treasury, albeit buried in a webinar.


Here, I outline how each scheme can help, and how and when you can apply for support.


Show notes and links (including our always-up-to-date guidance) and all the other platforms we post on, can be found at https://aegisaccounting.co.uk/blog/podcast-10-support-for-small-business-during-covid-19-31st-march-update

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Aegis AccountingBy Dan Woodward