Don’t know what use this will be but.... might be a bit busy!! HMRC have just set up a help line specifically for the self employed and businesses who will be struggling The Coronavirus helpline : 0300 456 3565 They will give you advice on your tax and any benefits you can claim for.
I hope everyone who genuinely needs financial help does get sufficient real assistance. Its must be a very worrying time for self-employed and those being laid off I feel very fortunate that just last week I went from being self-employed to being employed, even though my self-employment was reasonably reliable.
I think that everyone is gonna be hit financially Some more than others Hope everyone gets through this relatively unscathed From a personal point of view I started off with nothing and I’ve still got most of it left
Lost £6000 so far in cancelled work. Self employed, and the most helpful thing they could offer at the moment was 'do you need help with mortgage repayments?'. I told them I had spent years going without stuff some folks take for granted to pay off the mortgage so our house is our own... but I am now stuffed for money to feed the children, put fuel in the van, pay the utility companies, and pay the council their blood money for doing next to nothing for us but give out freebies to the workshy (I then quoted an example). The silence was deafening until they said 'maybe make an appointment with the job centre to apply for universal credit'. They went from being absolutely useless to fecking insulting.
Yeah, agreed - not hopeful of any tangible help coming my way any time soon. What I do think is that - 2 years away from our plan to retire and go live overseas - our savings will be pretty much wiped out. Awful situation.
It is indeed a tough time for all. I hope that everybody can find the support that they need and a way through this mad time.
Yup, I do like the arguments that are being put forward but they keep saying that they have to work out who the wealthy self employed and who might have savings are, they didn’t worry about that with the PAYE did they? Also yes it’s great to defer the next tax payment but it’ll still have to be paid and if you’ve spent all your savings what will you pay it with? There’s no guarantee the work will be there for a long time after this crisis is over. I’m lucky, I’m not desperate yet but I will be and am concerned for the future so I really feel for those that are really struggling with no savings
So they have announced measures to help the self employed now. Without hinting as yet how to action it. on lighter news, the people who already get discounted council tax are getting a further £150 knocked off it. People who pay the full amount are still expected to pay the full amount.
I’m exactly the same Alan, I’ve only a small savings pot left from my parents years ago and there’s no way I’m spending it as it’ll never reappear. I also work on month to month and all money is accounted for.
