During the pandemic, we will be reducing the number of staff in the offices and operating a work from home policy. Please note the office is closed to visitors when enforced by government restrictions. We are still here to help our clients and small businesses. Please contact us in the usual ways.

For information about support for employers,small businesses and the self employed please click here
www.pinfields.co.uk/news/covid19

It is our tradition of forward thinking that ensures you always get the perfect answer

One million apply to self-employed grant scheme in 48 hours

A million self-employed workers whose income has been hit by the coronavirus (COVID-19) pandemic made 440,000 applications for government grants during the first 48 hours of the scheme being open.

In total, claims of over £1.3 billion were made by 440,000 individuals through the Self-employment Income Support Scheme (SEISS) on 13 May, according to the Treasury. Over 500,000 self-employed workers applied the following day, increasing the total.

The SEISS is designed to match the support being given to furloughed employees.

Under the scheme, the government will pay self-employed people a taxable grant based on an average of their earnings over the past three years. The grant will cover up to 80% of earnings, up to a limit of £2,500 a month.

HMRC said most of the 3.5 million people affected should have been contacted and invited to prepare to make a claim by using its eligibility checker.

Detailed guidance about the grants can be found here.