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Self-Employed Support - Will 2019-20 Tax Returns be Considered?
BigBird82
Posts: 1 Newbie
I started self employment in 2018-19 tax year but majority of my income way PAYE that year (from before I went self employed) so I am not eligible for the support announced last Thursday as your S.E. income must be >50% of overall income.
Has there been any suggestions that 2019-20 tax returns will be considered for this scheme once these latest tax returns can be submitted to HMRC next week? This would put me over the 50% S.E. income threshold (for this year and the last 2 years combined) and make me eligible as earnings are also under £50K for the year and I will have one full year's self-employed income to report plus 10 months from the year before.
Thanks in advance, any help very much appreciated as currently i'm not eligible for any support or JSA / UC.
Has there been any suggestions that 2019-20 tax returns will be considered for this scheme once these latest tax returns can be submitted to HMRC next week? This would put me over the 50% S.E. income threshold (for this year and the last 2 years combined) and make me eligible as earnings are also under £50K for the year and I will have one full year's self-employed income to report plus 10 months from the year before.
Thanks in advance, any help very much appreciated as currently i'm not eligible for any support or JSA / UC.
0
Comments
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None whatsoever, and in my opinion they won't be, no doubt due to fears the figures will be manipulated as the tax year has not ended.0
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I have suggested to MP's and anyone who will listen that, as the end of the 2019/20 tax year has passed and we are not expecting anything to happen support wise till end of June, anyone submitting a 2019/20 return should have that calculated into whatever benefit is available. I am in a similar position, having moved home and therefore taken a year off and then another rebuilding a business. It's only in the last year that I have been making anything worthwhile again. I am sure that people like Martin have suggested this but it does not seem to have been pushed anywhere.0
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There is no indication of any relaxation at present. The relaxation on date in the CJRS was still only to a date before CJRS was announced, so that makes it more unlikely that the Government will alter the SEISS to bring in 2019/20, but you never know.0
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