Updated: May 26
This is a Government backed scheme for the self-employed and members of a partnership who have lost income due to Coronavirus.
Self-employed people do not need to get in touch with HMRC as the scheme isn’t yet open for applications. HMRC will contact eligible customers by the beginning of June, inviting them to apply.
It is possible, in some areas, to apply for the business rate relief grant now with payments promised in April 2020.
Please be aware that the HMRC will never contact you out of the blue to ask for these details
If anyone does it is likely to be scam
The government has also introduced the following help for the self-employed:
Deferral of Self Assessment Income Tax payments due in July 2020 and VAT payments due from 20 March 2020 until 30 June 2020
Grants for businesses that pay little or no business rates This service is available now in some areas and is a very easy to fill out form.
Increased amounts of Universal Credit
Directors of their own company paid through PAYE, may be able to get support using the Job Retention Scheme.
GOV.UK has further details about who is eligible for the scheme and how it will work.