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Seiss to reduce to £30k from 50k

I heard on The Times that the chancellor of the exchequer is considering this. :#

Comments

  • sharpe106
    sharpe106 Posts: 3,558 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    I am sure the government are considering a lot of things. Until they make announcements we will not know what happens.


  • monaymadlol
    monaymadlol Posts: 509 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    It  would be  strange to make such a firm commitment, for which the public made plans for, to 2 months later perform the biggest u turn ever, by pulling the rug from the feet of millions, leaving them slipping and falling.
  • Vestraun
    Vestraun Posts: 191 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Although very unknown what the extension will be yet, I think the context of the £30k would be for any extension of the scheme not the current scheme payments due to be made. 
  • Grumpy_chap
    Grumpy_chap Posts: 20,764 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 8 May 2020 at 1:49PM
    Lots of rumours abound (on SEISS, CJRS, and lock-down measures) and we won't know on any until the Government make an announcement, which they do not need to for SEISS until late May.  There is another widely circulating rumour about changes to CJRS, but I won't do it the honour of repeating hear as it is just speculation.  Would expect, though, that the change to both would be similar in approach.
  • Jeremy535897
    Jeremy535897 Posts: 10,809 Forumite
    10,000 Posts Sixth Anniversary Photogenic Name Dropper
    If the government reduced the £50,000 cap on SEISS for an extra month of SEISS grant, HMRC would have to check everyone's eligibility again.
  • josewise
    josewise Posts: 18 Forumite
    10 Posts Photogenic First Anniversary
    that is sad
  • amykirk1996
    amykirk1996 Posts: 354 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    It  would be  strange to make such a firm commitment, for which the public made plans for, to 2 months later perform the biggest u turn ever, by pulling the rug from the feet of millions, leaving them slipping and falling.
    He (Rishi Sunak) said "we all stand together", but then pulled the rug from the feet of millions (new starters, ltd directors, etc.)
  • sharpe106
    sharpe106 Posts: 3,558 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    He (Rishi Sunak) said "we all stand together", but then pulled the rug from the feet of millions (new starters, ltd directors, etc.)
    To be fair they never changed the policy on that. Just the details are never as good as the headlines.
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