answer text |
<p>The Self-Employment Income Support Scheme (SEISS) is targeted at those who most
need it, and who are most reliant on their self-employment income. It applies to individuals
who complete the self-employment pages of the Self-Assessment return, or partnership
trading pages. These pages exclude income from property, which is distinct from trading
income.</p><p>The SEISS continues to be just one element of a substantial package
of support for the self-employed. Those ineligible for the SEISS may still be eligible
for other elements of the support available. The Universal Credit standard allowance
has been temporarily increased for 2020-21 and the Minimum Income Floor relaxed for
the duration of the crisis, so that where self-employed claimants' earnings have fallen
significantly, their Universal Credit award will have increased to reflect their lower
earnings. In addition to this, they may also have access to other elements of the
package, including Bounce Back loans, tax deferrals, rental support, mortgage holidays,
self-isolation support payments and other business support grants. <br></p>
|
|