How To Claim Help From The Coronavirus Self-Employment Income Support Scheme by Bambridge Accountants

How To Claim Help From The Coronavirus Self-Employment Income Support Scheme by Bambridge Accountants

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Friday 27 March, 2020How To Claim Help From The Coronavirus Self-Employment Income Support Scheme has been published by the tax advisers and accountants Bambridge Accountants.

· Explanation of how much you will receive

· How to qualify for the grant

· Applying and when the funds will come through

· Other support available for businesses dealing with coronavirus

The firm, which specializes in handling the tax affairs of actors and other creatives in London, New York and California, has issued a detailed guide on the grant for self-employed individuals to help deal with the coronavirus pandemic. 

Many self-employed individuals, the government predicts 95%, will now have much needed support to be able to provide for their families during the coronavirus pandemic.

Individuals can claim up to £2,500 per month, providing parity to the support already announced for employees.

How To Claim Help From The Coronavirus Self-Employment Income Support Scheme explains in detail who can claim, what the conditions are and how much you will receive and when.

The guide also contains the additional information on the other support available to self-employed individuals, and what to do if you are operating your self-employed business through a company.

Alistair Bambridge, partner at Bambridge Accountants, explains: “We are working around the clock to ensure that we are keeping our self-employed clients up to date with the latest news on what is to come over the upcoming days, weeks and even months.

“The creative industries alone are worth £117bn to the economy and it is crucial we stand behind them now when they need it most.

“For anyone who is self-employed the future is bleak and they need support now. The coronavirus self-employment income scheme is a welcome relief and will help many families through this uncertain period.

“There are many self-employed individuals who are not covered by the scheme and we hope that the government is in discussions to provide support for those groups of people who urgently need to be able provide for their families and keep their homes.

Contact Alistair Bambridge, alistair@bambridgeaccountants.com, +44 (0)20 3797 1432.

Bambridge Accountants provides tax preparation and advice for those in the creative industries and has offices in London and New York.

www.bambridgeaccountants.com

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