Coronavirus: Self-employed affected by pandemic can apply for new grants

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Coronavirus: Self-employed affected by pandemic can apply for new grants
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The second stage of the government scheme to support the incomes of self-employed people through the coronavirus crisis opens for applications today

Chancellor Rishi Sunak said:"Our self-employment income support scheme has already helped millions of people, whose hard work running their own businesses is crucial to our economy.

"It means that people's livelihoods across the country will remain protected as we continue our economic recovery - helping them get back on their feet as we return to normal."The Treasury said HM Revenue and Customs would contact all of those who are potentially eligible, even if they did not apply for the first grant.

As with the first stage of the scheme, applicants will need to have trading profits of no more than £50,000, making up at least half of their total income.People can claim if they are a self-employed individual or member of a partnership whose business has been adversely affected through coronavirus.People who are unable to work because they are shielding, self-isolating, on sick leave, or who have caring responsibilities due to coronavirus are among those counted as adversely affected.

Others include those whose businesses have had to scale down or temporarily stop trading or incurred additional costs. That may because their supply chain has been interrupted, they have fewer or no customers, staff are unable to come into work, contracts have been cancelled, or they have had to buy protective equipment to carry on trading.

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