Self-employed & Coronavirus

BigOscar said:
Could be wrong but I think it's 2 as the 80% is the lockdown month whereas the 40s are for being affected but not in lock down, so need more evidence that you've been significantly impacted by the non lockdown restrictions?
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So when the time comes will I be able to opt for the 40% as my business is impacted but not in lockdown. I don't really want to claim the 80%.
 
BigOscar said:
Could be wrong but I think it's 2 as the 80% is the lockdown month whereas the 40s are for being affected but not in lock down, so need more evidence that you've been significantly impacted by the non lockdown restrictions?
Click to expand...

Just got this off GOV.UK

The grant will be increased from the previously announced level of 40% of trading profits to 80% for November 2020. This therefore increases the total level of the grant from 40% to 55% of trading profits for 1 November 2020 to 31 January 2020.

So it looks like they have averaged it out and would therefore assume it's only one application for 3 months.

I think ' January 2020 ' should read January 2021
 
Tuearts right boot said:
Just got this off GOV.UK

The grant will be increased from the previously announced level of 40% of trading profits to 80% for November 2020. This therefore increases the total level of the grant from 40% to 55% of trading profits for 1 November 2020 to 31 January 2020.

So it looks like they have averaged it out and would therefore assume it's only one application for 3 months.

I think ' January 2020 ' should read January 2021
Click to expand...
From that sounds like I have to take the 80% for November whether I need it or not, or claim nothing at all.
 
blueparrot said:
From that sounds like I have to take the 80% for November whether I need it or not, or claim nothing at all.
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well yes and no... they've all been amagamated into one 3 month payout of 55% so it looks like all or nothing. Why would you just want the 1 x 80%, are you going to be working normally for the 2 following months.
 
Tuearts right boot said:
well yes and no... they've all been amagamated into one 3 month payout of 55% so it looks like all or nothing. Why would you just want the 1 x 80%, are you going to be working normally for the 2 following months.
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No I'm working all 3, I'm not in lockdown in Scotland, but my business is reduced, so the 40% for 3 months was about right for me. I don't need 80% for November. I guess though I'll have to take 55% for 3 months, which is probably more than I really need but I'm not taking nothing, as that would leave me short.
 
What happens to a sole trader who only has 8 months books? My wife has recently gone self employed as a fitness instructor
 
kinkyblue said:
What happens to a sole trader who only has 8 months books? My wife has recently gone self employed as a fitness instructor
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I am in a similar boat mate (got sweet FA) although my books would be well over a year by now. Is she eligible for UC?
 
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