Scottish Government confirms details of £34 million support package for recently self-employed people who are excluded from the UK’s support scheme.
The Scottish Government has confirmed details of the support it is providing to the recently self-employed who are excluded from the UK’s Self-employed Income Support Scheme (SEISS).
NB – a key feature of the UK’s SEISS is that it is available to those who were already in self-employment with a tax return for 2019, therefore excluding all those who became self-employed in the 2019/2020 tax year.
Confirming allocations from £100 million of new funding to support the self-employed and businesses during the coronavirus (COVID-19) outbreak in a statement to the Scottish Parliament yesterday, Economy Secretary Fiona Hyslop said that £34 million has been used to set up a ‘Newly Self-Employed Hardship Fund’, that will be open for applications from newly self-employed people facing hardship to the end of April 2020, and will start awarding grants of £2,000 in early May.
More information can be found here
If you would like any advice or assistance in relation to this, please contact one of CHA’s Financial Inclusion Team by using the contact details listed below.