Skip to main content

Self-employment Income Support Scheme

Question for Treasury

UIN 47229, tabled on 15 May 2020

To ask the Chancellor of the Exchequer, if he will (a) expand the Self-Employment Income Support Scheme to include or (b) provide a bespoke support scheme for people who began self-employment in the 2019-20 tax year.

Answered on

20 May 2020

It has not been possible to include those who began trading after the 2018-19 tax year in the Self-Employment Income Support Scheme (SEISS). This was a very difficult decision and it was taken for practical reasons.

The Government recognises that those who started trading more recently will not have submitted a tax return for the 2018-19 tax year, and it considered alternative approaches. HMRC would not be able to distinguish genuine self-employed individuals who started trading in 2019-20 from fake applications by fraudulent operators and organised criminal gangs seeking to exploit the SEISS.

However, the self-employed can also benefit from the Government’s relaxation of the earnings rules (known as the Minimum Income Floor) in Universal Credit. They may also have access to a range of grants and loans depending on their circumstances. These include the Bounce Back Loan Scheme for small businesses, the Coronavirus Business Interruption Loan Scheme, and the deferral of tax payments. More information about the full range of business support measures is available at https://www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19.

Answered by

Treasury
Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.