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Thursday, October 1, 2020

UK Government announce package for Self Employed

The Chancellor Rishi Sunak has announced a package to help those who are self employed amid the COVID-19 crisis.

This will cover 95% of those who are self employed with the scheme up and running ‘no later’ than the beginn8ng of June.

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Self employed must have had a tax return for 2019 and it will be open to those with a trading profit of £50,000.

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The government will pay 80% of their monthly profits up to £2,500 a month.

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