Why help everyone but leave out the self-employed who’ve paid lots of tax? SIMON LAMBERT on the hole in Rishi Sunak’s coronavirus rescue By Simon Lambert for Thisismoney.co.uk Published: 08:21 BST, 2 July 2020 | Updated: 08:21 BST, 2 July 2020 Rishi Sunak proved dauntless in his coronavirus rescue package but for the self-employed there … Read more
Boris Johnson today vowed not to increase income tax, VAT or national insurance despite coronavirus wreaking havoc on the public finances. The PM also promised that the triple lock on state pensions – which means they rise by the highest of inflation, earnings, or 2.5 per cent – would be maintained. Standing by the pledges, … Read more
More than two-million self-employed have claimed £6billion in coronavirus grants in just FIVE DAYS, says Chancellor Rishi Sunak Government’s self-employed bailout opened to applications just five days ago More than two million have claimed total of £6billion in grants, Rishi Sunak says Huge sums will raise fresh concerns about government’s coronavirus liabilities Here’s how to … Read more
One million self-employed sign up to government furlough scheme in two days, Treasury figures show As many as 440,000 signed up on Wednesday and a further 500,000 today Takes total number of Britons on furlough schemes to 8.5million and rising Government launched self-employed scheme two weeks ahead of planned date By Luke Andrews For Mailonline … Read more
Self-employed workers lodge 27,000 claims an hour after Government launches latest Covid bail-out package By Daily Mail City & Finance Reporter Published: 21:51 BST, 13 May 2020 | Updated: 21:51 BST, 13 May 2020 Desperate self-employed workers lodged more than 27,000 claims an hour for income support after the latest Covid-19 bailout was launched. While … Read more
The country has now been in lockdown for a month and the Government has tabled an unprecedented support package for businesses, worth hundreds of billions of pounds. But some workers are still worried they will lose their jobs and business owners are still fearing collapse. Today, Money Mail shines a spotlight on the cracks where … Read more
Hundreds of thousands of self-employed workers missing out on support under Government’s coronavirus aid scheme By Daily Mail City & Finance Reporter Published: 21:50 BST, 17 April 2020 | Updated: 22:19 BST, 17 April 2020 Hundreds of thousands of self-employed workers are missing out on support under the Government’s coronavirus aid schemes. The Self-Employment Income … Read more
Self-employed workers caught out by the controversial ‘loan charge’ are still being chased by the taxman during the coronavirus lockdown, despite many having lost work. HM Revenue & Customs recently announced that it will not collect debts from businesses or self-employed people who find themselves in financial difficulties due to the coronavirus lockdown. But the … Read more
Chancellor Rishni Sunak unveiled a financial rescue package for the self-employed last week, which will give up to £2,500 per month in grants for at least three months. It comes as millions of self-employed workers have struggled to cope financially amid the nationwide coronavirus lockdown. They have been hit by restrictions on travel, a cut in … Read more
Ex-Cabinet minister David Davis slams Chancellor Rishi Sunak’s ‘tax raid’ on the self-employed to fund coronavirus bailout Chancellor Rishi Sunak suggests tax hike to pay self-employed coronavirus aid Mr Davis said putting taxes up for self-employed would be ‘final straw’ for many Tory sources say up to 50 Conservative MPs could back rebellion led by … Read more