What is it?

This Scheme is another emergency measure to address loss of income caused by the Coronavirus outbreak. It allows the self-employed to apply for a taxable grant worth 80% of their trading profits, up to a maximum of £2,500 per month, for the next 3 months.

While great care has been taken in the preparation of the content of this article, it does not purport to be a comprehensive statement of the relevant law and full professional advice should be taken before any action is taken in reliance on any item covered.