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<p>Income from dividends is a return on investment in the company, rather than wages,
and is not eligible for support through the Self-Employment Income Support Scheme
or Coronavirus Job Retention Scheme (CJRS). Under current reporting mechanisms it
is not possible for HM Revenue and Customs to distinguish between dividends derived
from an individual’s own company and dividends from other sources, and between dividends
in lieu of employment income and as returns from other corporate activity. Expanding
the scope would require HMRC to collect and verify new information. This would take
longer to deliver and put at risk the other schemes which the Government is committed
to delivering as quickly as possible.</p><p> </p><p>Those who pay themselves a salary
through their own company may be eligible to claim for 80% of usual monthly wage costs,
up to £2,500 a month, through the CJRS. Individuals who are not eligible for the CJRS
may be able to access other support Government is providing, including 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="http://www.businesssupport.gov.uk/coronavirus-business-support/"
target="_blank">www.businesssupport.gov.uk/coronavirus-business-support/</a></p>
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