Self employed package

[Hfd Cattle]

Am I right in thinking ...if nonprofit has been made in the last three yrs then the S/E will get nothing ...or am I wrong

 

[farenheit]

What did you pay yourself with?

 

[JeepJeep]

Am I right in thinking ...if nonprofit has been made in the last three yrs then the S/E will get nothing ...or am I wrong

Thats how I read it yeh... 80% of no f**k all will still be f**k all.

 

[How much]

That seem to be the way of it . On one hand that is rough deal deal but on the other how many builders etc will be sat on a pile of cash not claimed , paid tax on or NI on .
There is a culture in quite allot of the self employed workers to actively show no profit in year thus pay no tax , I guess this is when that bites you in the arse
There is always the option to claim unemployment and or tax credits and in most cases re- start up can be immediate as in most cases they are based from home .

 

[holwellcourtfarm]

There's going to be howls of pain from the have-your-cake-and-eat-it brigade!

If you've declared no profit for the last 3 years it's not the government's job to suddenly make your business profitable, is it?

 

[itsalwaysme]

There's going to be howls of pain from the have-your-cake-and-eat-it brigade!

If you've declared no profit for the last 3 years it's not the government's job to suddenly make your business profitable, is it?

There will be quite a few who genuinely don't pay much tax, low earners after allowances etc, but there is a big difference in that and a sudden stop to all income, I know many will say they should save for a rainy day etc etc, but if you are only just making ends meet it's not going to happen

 

[farenheit]

There will be quite a few who genuinely don't pay much tax, low earners after allowances etc, but there is a big difference in that and a sudden stop to all income, I know many will say they should save for a rainy day etc etc, but if you are only just making ends meet it's not going to happen

Well if they don't earn a lot anyway then 80% of that isn't going to seem such a problem?

 

[Smith31]

If farmers are allowed to work how can they claim? Unless they have no stock to sell.

 

[spin cycle]

i think it's fair TBH.....i do question some of the roles though.....heard on the radio 'thai massage therapist'...'nail artist'....these arn't real jobs that are going to be around in the coming recession......shouldn't go on beyond 3 months though IMO as there'll be lots of jobs need doing

not gonna get any meself

 

[markpentre]

The way i heard it, is self employed can still claim even if still working

 

[grainboy]

You can work, but make up percentage difference, with 80 %, claim
Will Make for some very interesting claim forms,

If you made no profit, how was you living,

As per most farmers
Everything put down to farm
Fuel
Electric
Heating
Loads of consumable
Vehicle
You can’t suddenly have a profit because of a world pandemic.

 

[itsalwaysme]

Well if they don't earn a lot anyway then 80% of that isn't going to seem such a problem?

But they won't get 80% of anything if they haven't shown a profit, but they would still have had some income, now they might have no income and no help

 

[grainboy]

Universal Credit then
Good luck the site crashed yesterday

 

[Lincs Lass]

Could be an intersting phone call in the morning to a dedicated office for me ,,If anybody is there ,,if they are not ,,Im up the creek

 

[balerman]

Investing all your profits in shiny machinery suddenly doesn't seem like a good idea !

 

[Werzle]

Investing all your profits in shiny machinery suddenly doesn't seem like a good idea !

or doing alot of cash jobs

 

[ARW]

Am I right in thinking they only contact self employed that are eligible?
I wonder how we stand, we are working but only slightly, lack of materials so in the long run we could be seriously effected

 

[David.]

This could turn into a thread of wise after the event.
Just like The Spanish Inquisition, no ordinary mortal would reasonably have expected this.
There should perhaps have been a Govt contingency plan, that included blockading China back in January; but nothing that ordinary working people could influence..

 

[Werzle]

Am I right in thinking they only contact self employed that are eligible?

Yes

 

[balerman]

Am I right in thinking they only contact self employed that are eligible?
I wonder how we stand, we are working but only slightly, lack of materials so in the long run we could be seriously effected

I think all self employed are eligible even if you are working,and we should all claim it cos he is going to put up our contributions when the dust settles.