Can you shed a light on government help available?

Updated 4 days ago in Freelancers
2 4 days ago

I wonder how many of you are in the same position as I am:

  • You set up a Ltd company on your accountant’s advice.
  • Most of your work is done by you, basically on a self-employed basis for a number of clients (who are currently disappearing one by one, understandably).
  • You occasionally sub-contract parts of or whole projects out to other freelancers.
  • Your office is home-based, ie you do not pay business rates.

What are we? What government support applies to us? I am rather confused by it all (not blaming the government, who seem to be doing the best they can right now)…. the only thing I have been able to do is apply for a mortgage holiday from next month onwards (hoping it won’t affect my credit score as need to remortgage in the summer).

Any intel you can share would be much appreciated.

Thank you MashMedia for this forum, and stay well and kind, all!

Kirsten

Green Tiger Events Ltd (!) 😉

 
  • Liked by
Reply

Hi Kirsten

That is a very good – albeit stressful – question. As I understand, Chancellor Rishi Sunak is expected to announce a further package of support for freelancers and the self-employed. I would assume that your circumstances would be covered, but we will have to wait and see I’m afraid.

However, there is certainly a question mark over whether or not someone is self-employed or is a sole director of a limited company. This is a potential grey area.

In this case, may I point you in the direction of the Association of Independent Professionals and the Self Employed (IPSE) https://www.ipse.co.uk/

This association will be able to tell you which category you fall into.

Good luck!

 

4 days ago

Thanks Martin that’s really helpful. I will see what I can find out, keep an eye on government advice and feedback anything useful I find here. 

 

Thank you

Show more replies
  • Liked by
Reply
Cancel