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1190493
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Self-employment Income Support Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, if he will extend the Self-Employed Income Support Scheme to self-employed people who became self-employed after the deadline for submitting a 2018-19 tax return. more like this
tabling member constituency Putney more like this
tabling member printed
Fleur Anderson more like this
uin 40779 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-05-04more like thismore than 2020-05-04
answer text <p>It has not been possible to include those who began trading after the 2018-19 tax year in the Self-Employment Income Support Scheme. This was a very difficult decision and it was taken for practical reasons. It is correct that individuals can now submit Income Tax Self Assessment returns for 2019-20, but there would be significant risks for the public purse if the Government relied on these returns for the scheme. HMRC would not be able to distinguish genuine self-employed individuals who started trading in 2019-20 from fake applications by fraudulent operators and organised criminal gangs seeking to exploit the SEISS. The Government cannot expose the tax system to these risks.</p><p> </p><p>However, those who entered self-employment after April 2019 will still be eligible for other support. For example, the self-employed can benefit from the Government’s relaxation of the earnings rules (known as the Minimum Income Floor) in Universal Credit. The SEISS supplements the significant support already announced for UK businesses, including the Bounce Back Loans Scheme for small businesses, the Coronavirus Business Interruption Loan Scheme and the deferral of tax payments. More information about the full range of business support measures is available at: <a href="https://www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19" target="_blank">https://www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19</a></p>
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
grouped question UIN 39790 more like this
question first answered
remove filter
answering member
3991
label Biography information for Jesse Norman remove filter
tabling member
4788
label Biography information for Fleur Anderson more like this