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Financial help
Jerry62
Posts: 1 Newbie
hi all I am self isolating for 12 weeks and I fall into the high risk group, I am a sole trader of a limited company . I am a heating and plumbing engineer so have to work remotely. Is there any financial help I can get.
many thanks
many thanks
0
Comments
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Look at Universal Credit. https://www.citizensadvice.org.uk/benefits/universal-credit/ There are online calculators to help you assess entitlement https://www.gov.uk/benefits-calculators
Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.0 -
Universal Credit is the only benefit that maybe possible for you to claim. This is a means tested benefit and if you live with a partner that works then you will need to claim as a couple. Whether you qualify will depend on your income, savings and capital.
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I assume you mean you are the sole employee of your own company. Calcotti knows much more than me about statutory sick pay, but I think you might be entitled if you paid yourself enough in wages.
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SSP is paid by the company and not normally reimbursed by the government so of no use to one person companies. There is a temporary measure which allows companies to recover the cost of two weeks of SSP if an employee is in self isolation - not sure if it would be eligible possible to reclaim in this situation. Even if it is it would only be a total of £188.50.
I would focus on UC if the benefits calculator indicates entitlement.Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.1
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