PARLIAMENTARY WRITTEN QUESTION
Arts: Coronavirus (20 April 2020)
Question Asked
Asked by:
Christine Jardine (Liberal Democrat)
Answer
The Chancellor has announced measures to protect the self-employed. So long as they fulfil the criteria for these measures, freelancers and the self employed in the music industry benefit from these measures.
The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19. The scheme will provide a grant to self-employed individuals or partnerships, worth 80% of their profits up to a cap of £2,500 per month.
HMRC will use the average profits from tax returns in 2016-17, 2017-18 and 2018-19 to calculate the size of the grant.
Answered by:
Dame Caroline Dinenage (Conservative)
27 April 2020
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.