danski
"vibey"
Ah, just seen. £2190 a month. £6570 total.
Thanks dan.
Ah, just seen. £2190 a month. £6570 total.
Thanks dan.
My accountant is so sweet, she has been messaging me, to make sure I've heard the news, and if I was happy with it.
Is this latest annoucement properly helpful then for you, cupid_stunt ?
Good news if so .... cheers!
My older brother (self-employed/sole-trader piano tuner since early 1980s ) seems relieved with it anyway
Sunak has announced another 3 month payment, but only at 70%, for the self-employed, applications open towards the end of August, with payment soon after.
However, he has said that will be it, no further extension, despite the furlough scheme running until the end of Oct.
Better than I expected, TBH.
There was a box to tick on the first claim to say that your income has been adversely affected by the situation. If that’s not the case, you can’t really tick it.So I claimed the first lot just over 5 grand which I'll split between 19/20 and 20/21 accounts. Although I've continued to work, I haven't been adversely affected. My accounts will probably be quite consistent, or maybe higher with the seiss payment, which I don't know if it'll raise alarm bells so...
Not sure if I should claim the second lot in August...?!
Do you think hmrc will be include an extra box of how much seiss we're declaring on a particular accounting year in January or up to the individual to just add it to our turnover?
Yeah, was just meaning it could flag something up.I think a lot of people ticked it when maybe they shouldn't have. How do they define 'adversely affected'? Is it quantifiable? I haven't seen any figures or boundaries?
Regardless, we're all going to pay it back over decades, the grant is taxable too, and NIC will be raised for self employed very soon. I don't have any moral qualms here.
I'm just wondering if I should go back in the trough for another modest helping, or try not to raise those pesky algorithmic alarm bells.
Was talking to someone 2 days ago in the same situation who rang them and apparently they are supposed to smooth it over the 3 months of UC it covers, might be worth giving UC a call to check or put a question in your journal. (I'm in a similar situationso keen to hear )Just realised the self employment payment gets deducted from my UC so next month I will get nothing. Fucking piss take
HMRC will know how much they have paid you... (I like the fact you smoothed it over 2 accounting years, obviously earning too much to be on a cash basis accounting)So I claimed the first lot just over 5 grand which I'll split between 19/20 and 20/21 accounts. Although I've continued to work, I haven't been adversely affected. My accounts will probably be quite consistent, or maybe higher with the seiss payment, which I don't know if it'll raise alarm bells so...
Not sure if I should claim the second lot in August...?!
Do you think hmrc will be include an extra box of how much seiss we're declaring on a particular accounting year in January or up to the individual to just add it to our turnover?
the honest "don't be a dole scrounger" answer is... fill in the blank yourself ... no one but YOU ticked that box ;-)I think a lot of people ticked it when maybe they shouldn't have. How do they define 'adversely affected'? Is it quantifiable? I haven't seen any figures or boundaries?
Regardless, we're all going to pay it back over decades, the grant is taxable too, and NIC will be raised for self employed very soon. I don't have any moral qualms here.
I'm just wondering if I should go back in the trough for another modest helping, or try not to raise those pesky algorithmic alarm bells.
The payment is for unspecified accounting years. Given the pandemic and start date of seiss occurred over 2 accounting years, it makes sense to split over two - no other reason, Einstein.Was talking to someone 2 days ago in the same situation who rang them and apparently they are supposed to smooth it over the 3 months of UC it covers, might be worth giving UC a call to check or put a question in your journal. (I'm in a similar situationso keen to hear )
HMRC will know how much they have paid you... (I like the fact you smoothed it over 2 accounting years, obviously earning too much to be on a cash basis accounting)
the honest "don't be a dole scrounger" answer is... fill in the blank yourself ... no one but YOU ticked that box ;-)
edited before posting: I love a scrounger <3 <3 <3
I think a lot of people ticked it when maybe they shouldn't have. How do they define 'adversely affected'? Is it quantifiable? I haven't seen any figures or boundaries?
Regardless, we're all going to pay it back over decades, the grant is taxable too, and NIC will be raised for self employed very soon. I don't have any moral qualms here.
I'm just wondering if I should go back in the trough for another modest helping, or try not to raise those pesky algorithmic alarm bells.
Who said I don't pay my taxes? Who said it wasn't modest an amount? I think you've misinterpreted or misread what I wrote.I reckon if five grand is 'modest' to you then you can probably afford to pay your taxes.
That's quite a good strategy. Invite them to take advantage, but in full awareness that there will be a cost - albeit non-financial - to doing so.I had 2 decent jobs last month, £600 and £2240. One new client and one I have done work for in the past. One for a landlord and the other a nursery (kids not plants). They both tried to negotiate the price down after the work was done. Told both to pay what they want but not to call me again if it's not the full amount. £600 client has paid in full and will find out later about the other one. Might have cut off my nose but they can fuck off if they're going to take advantage of this situation to screw me over when I've worked up to 14 hour days on their jobs to improve their businesses.
I'm about to start a full time job because of covid. I didn't want to, but the agency work was getting short and if I'm going to do this into next year then it will make it more meaningful.
If I'm honest I've slogged my guts out, but financially I'm probably no worse of then if I'd been self employed. This may continue although I'm not sure yet. If I claim the next payment do you think they'll ask for it back at the end of the year?
Is that what you get £1 a drop?, regardless presumably of how many parcels per drop? Do things like fuel and running costs come out of that? (I'm guessing yes)We’ve had a lot of new starter drivers from a variety of previous employment - one guy was from direct sales selling double glazing, one guy worked on aeroplane interiors (upholstery fwiu), both lost their jobs when Covid kicked in.
The aeroplane guy is 62 yrs old and as a new starter is on 65% nursery routes (Amazon delivery) and says he can barely manage that - doubt he will be here much longer once he goes up to 80% then full routes.
Group work text went out yesterday saying some drivers were expiring their on the road drive time (10hrs) so when drivers looked like they were in that position they would have to send support drivers to them to take parcels off them at £1 per drop. Imagine slogging away for 10hrs only to have £20/£30 taken off you.
Is that what you get £1 a drop?, regardless presumably of how many parcels per drop? Do things like fuel and running costs come out of that? (I'm guessing yes)
Find out about the extension to the scheme
This scheme is being extended, and you’ll be able to claim a second and final grant in August 2020.
We will work out your eligibility the same way as the first grant. If you make a claim for the second grant you will have to confirm your business has been adversely affected on or after 14 July 2020.
This grant will be a taxable grant worth 70% of your average monthly trading profits, paid out in a single instalment covering a further 3 months’ worth of profits, and capped at £6,570 in total.
You can claim for the second and final grant even if you did not make a claim for the first grant.
The online service for the second and final grant is not available yet. Do not contact us as we will update this guidance when this service is available. Sign up for email alerts for any changes to this page.
Freelance, finished project dec 20th 2019 was due to start something jan 13th 2020 but was put back re budget issues was due to start long run of work 9th march that got cancelled and my plan B a start in april fell apart monday,Ringing around yesterday loads of jobs/studios closing down everything on hold ,uncertain times ahead