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Benefits

Self-Employment Income

Self-Employment Income Support Scheme 5th grant

Self-Employment Income Support Scheme 5 grant will be available from late July 2021.

A fifth grant covering May 2021 to September 2021 will be open to claims from late July 2021.

The grant is taxable and will be paid out in a single instalment.

Guidance about claiming the grant will be available from early July 2021.

1. Who can claim

To be eligible for the grant you must be a self-employed individual or a member of a partnership.

1.1 When Self-Employment must have traded

You must have traded in the tax years:

  • 2019 to 2020 and submitted your tax return on or before 2 March 2021
  • 2020 to 2021

You must either:

  • be currently trading but are impacted by reduced demand due to coronavirus
  • have been trading but are temporarily unable to do so due to coronavirus

1.2 Self-Employment tax returns

To work out your eligibility for the fifth grant, we’ll first look at your 2019 to 2020 Self Assessment tax return. Your trading profits must be no more than £50,000 and at least equal to your non-trading income.

If you’re not eligible based on your 2019 to 2020 tax return, we’ll then look at the tax years 2016 to 2017, 2017 to 2018, 2018 to 2019 and 2019 to 2020.

Self-Employment Income

1.3 Deciding if you can claim

You must declare that:

  • you intend to continue to trade
  • you reasonably believe there will be a significant reduction in your trading profits due to reduced business activity, capacity, demand or inability to trade due to coronavirus from May 2021 to September 2021

You must keep evidence that shows how your business has been impacted by coronavirus resulting in less business activity than otherwise expected.

HMRC expects you to make an honest assessment about whether you reasonably believe your business will have a significant reduction in profits.

2. How the fifth grant is different

The amount of the fifth grant will be determined by how much your turnover has been reduced in the year April 2020 to April 2021.

We’ll provide more information and support from early July 2021 to help you work out how your turnover was affected.

2.1 How much you’ll get

Turnover reduction     How much you’ll getMaximum grant
30% or more80% of 3 months’ average trading profits£7,500
less than 30%30% of 3 months’ average trading profits£2,850

3. When Self-Employment can claim

The online claims service for the fifth grant will be available from late July 2021.

If you’re eligible based on your tax returns, HMRC will contact you from mid-July 2021 to give you a date that you can make your claim from.

Self-Employment Income

Self-Employment Income Support Scheme 5th grant

Self-Employment Income Support Scheme a 5th grant covering May 2021 to September 2021 will be open to claims from late July 2021

The grant is taxable and will be paid out in a single instalment.

Guidance for claiming the grant will be available by the end of June 2021.

1. Who can claim

To be eligible for the grant you must be a self-employed individual or a member of a partnership.

1.1 When you must have traded

You must have traded in the tax years:

  • 2019 to 2020 and submitted your tax return on or before 2 March 2021
  • 2020 to 2021

You must either:

  • be currently trading but are impacted by reduced demand due to coronavirus
  • have been trading but are temporarily unable to do so due to coronavirus

1.2 Your tax returns

To work out your eligibility for the fifth grant, we’ll first look at your 2019 to 2020 Self Assessment tax return. Your trading profits must be no more than £50,000 and at least equal to your non-trading income.

If you’re not eligible based on your 2019 to 2020 tax return, we’ll then look at the tax years 2016 to 2017, 2017 to 2018, 2018 to 2019 and 2019 to 2020.

1.3 Deciding if you can claim

You must declare that:

  • you intend to continue to trade
  • you reasonably believe there will be a significant reduction in your trading profits due to reduced business activity, capacity, demand or inability to trade due to coronavirus from May 2021 to September 2021

You must keep evidence that shows how your business has been impacted by coronavirus resulting in less business activity than otherwise expected.

HMRC expects you to make an honest assessment about whether you reasonably believe your business will have a significant reduction in profits.

Self-Employment Income
Self-Employment Income Support Scheme fifth grant

2. How the Self-Employment Income Support Scheme fifth grant is different

The amount of the fifth grant will be determined by how much your turnover has been reduced in the year April 2020 to April 2021.

We’ll provide more information and support by the end of June 2021 to help you work out how your turnover was affected.

2.1 How much you’ll get

Turnover reduction     How much you’ll getMaximum grant
30% or more80% of 3 months average trading profits£7,500
less than 30%30% of 3 months average trading profits£2,850

3. When you can claim

The online claims service for the fifth grant will be available from late July 2021.

If you’re eligible based on your tax returns, HMRC will contact you in middle of July 2021 to give you a date that you can make your claim from.

benefits

Benefits in new financial year introduces changes from 6 April.

Benefits in New Financial year for Pensions, Universal Credit and other benefit pay rates changes in place from 6 April 2021.

Attendance Allowance

Higher rate: £89.60 (from £89.15)

Lower rate: £60.00 (from £59.70)

Carer’s Allowance

April 2021 rate: £67.60 (from £67.25)

Disability Living Allowance

Care Component

Highest: £89.60 (from £89.15)

Middle: £60.00 (from £59.70)

Lowest: £23.70 (from £23.60)

Mobility component

Higher: £62.55 (from £62.25)

Lower: £23.70 (from £23.60)

Employment and Support Allowance

Under 25: £59.20 (from £58.90)

25 or over: £74.70 (from £74.35)

Housing Benefit

Under 25: £59.20 (from £58.90)

25 or over: £74.70 (from £74.35)

Entitled to main phase ESA: £74.70 (from £74.35)

Incapacity Benefit (long-term)

April 2021 rate: £114.70 (from £114.15)

Income Support

Under 25: £59.20 (from £58.90)

25 or over: £74.70 from (£74.35)

Jobseeker’s Allowance (contributions based)

Under 25: £59.20 (from £58.90)

25 or over: £74.70 (from £74.35)

Jobseeker’s Allowance (income-based)

Under 25: £59.20 (from £58.90)

25 or over: £74.70 (from £74.35)

Maternity/Paternity/Shared Parental Pay

Standard rate: £151.97 (from £151.20)

Pension Credit

Single: £177.10 (from £173.75)

Couple: £270.30 (from £265.20)

Personal Independence Payment

Daily Living Component

Enhanced: £89.60 (from £89.15)

Standard: £60.00 (from £59.70)

Mobility Component

Enhanced: £62.55 (from £62.25)

Standard: £23.70 (from £23.60)

benefits
Benefits and Pension

State Pension

Full New State Pension: £179.60 (from £175.20)

Basic Old State Pension (Category A or B): £137.60 (from £134.25)

Widow’s Pension

Standard rate: £122.55 (from £121.95)

Statutory Parental Bereavement Pay

Standard rate: £151.97 (from £151.20)

Statutory Sick Pay

Standard rate: £96.35 (from £95.85)

Universal Credit from April to September (monthly rates shown)

Standard allowance

Single

Single under 25: £344.00 (from £342.72)

Single 25 or over: £411.51 (from £409.89)

Couple

Joint claimants both under 25: £490.60 (from £488.59)

Joint claimants, one or both 25 or over: £596.58 (from £594.04)

Child Elements

First child (born prior to 6 April 2017): £282.50 (from £281.25)

First child (born on or after 6 April 2017) or second child and subsequent child (where an exception or transitional provision applies): £237.08 (from £235.83)

Disabled Child Additions

Lower rate addition: £128.89 (from £128.25)

Higher rate addition: £402.41 (from £400.29)

Limited Capability for Work

Limited capability for work amount: £128.89 (from £128.25)

Limited capability for work and work-related activity amount: £343.63 (from £341.92)

Carer

Carer amount: £163.73 (from £162.92)

Universal Credit from October to March 2022 (monthly rates shown)

Standard allowance

Single

Single under 25: £257.33

Single 25 or over: £324.84

Couple

Joint claimants both under 25: £403.93

Joint claimants, one or both 25 or over: £509.91

For the more information about, benefit increases, visit the www.gov.uk website here.

Support for taxi and private hire drivers

Support for taxi and private hire drivers

New fund to support for taxi and private hire drivers affected by the pandemic will launch this week.

New fund to support taxi, Local authorities will directly approach an estimated 38,000 private hire and taxi drivers inviting them to claim a £1,500 grant to assist with fixed costs, boosting the support from other funding for loss of income available through the Scottish and UK Governments.

A new total of £57 million has been allocated by the Scottish Government – three times more than the allocation announced in December.

Councils will start contacting eligible drivers this week to brief them on their potential entitlement and ask them to provide supporting information and bank account details. They do not need to apply, or contact the local authority.

Support for taxi and private hire drivers

Finance Secretary Kate Forbes said:

“We know how difficult this pandemic has been for taxi drivers and their families. They’ve truly gone the extra mile, continuing to provide a vital service for key workers and vulnerable individuals throughout the lockdown and beyond.

“Following the introduction of tighter regulations at Christmas I have trebled the budget originally announced for this fund to £57 million, enough to provide grants of £1,500 to all of Scotland’s 38,000 taxi and private hire drivers.

“It will help to support the taxi trade by augmenting existing support and assisting drivers in meeting fixed costs including licence plate fees, rental fees and insurance payments for taxis not on the road.”

More details and full eligibility criteria Coronavirus (COVID-19): Taxi and Private Hire Driver Support Fund

Support for taxi and private hire drivers

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