FAQs for the self employed

  • First Published: 27th March

Last Updated: See below 

As we get answers to questions (or have new advice), we’ll add them here and send out a WhatsApp broadcast, so we can help as many people as possible. Follow this link to join the broadcast list: http://www.loveaccountancy.co.uk/how-to-get-added-to-our-whatsapp-broadcasts/

Updates:

6th May 2020

Application details are now on this page

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Support pages and contents:

Here you’ll find direct links to the most useful pages we’ve put together to help people and businesses through this crisis:

Note: we are writing these quickly, so we’re not always able to proof read or check links work. Please let us know if you spot big errors like this. Also note our legal disclaimer on the information provided, here.

Remember, we’re here to help. If you need to talk, just call 01392927647

Our pages:

  1. Lock Down 2 – What support is there?
  2. Furlough Bonus
  3. Continued Business Support (inc new Job Support Scheme)
  4. Government Support
  5. Bounce Back Loans *NEW*
  6. Self Employed Income Support Grants *NEW*
  7. What can I do now? + other useful links
  8. Frequently Asked Questions FAQs – Employers, Directors, Loans and Businesses with a property
  9. FAQS for the self employed (inc some director only company FAQs)
  10. How can you keep me up to date? Join our WhatsApp broadcast
  11. How can I help my Debtors pay me?

Direct links or numbers:

  1. Employment Law Helpline
  2. HMRC Time to Pay
  3. Government Support Pages – all businesses (direct link)
  4. Government Support Pages – Self Employed (direct link)
  5. Government’s own FAQs
  6. Government’s Business Tool Kit
  7. HR tool kit available from Peninsula HR
  8. 2020 Innovation – Covid-19 support *NEW*

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  • First Published: 23rd March 11:45

Last Updated: See below 

As we get answers to questions (or have new advice), we’ll add them here and send out a WhatsApp broadcast, so we can help as many people as possible. Follow this link to join the broadcast list: http://www.loveaccountancy.co.uk/how-to-get-added-to-our-whatsapp-broadcasts/

Updates:

2 June 2020

New updates to the furlough scheme – here

29th March 09:50

Further details on furlough for directors – here

Furlough for employees in public funding sector – here

26th March 20:30

Self Employment summary – added to the self employed section below

Watch Martin Lewis on ITV at 20:30 

26th March 16:45

Tool kit for employers, provided by HR specialists Peninsula

25th March 19:45

Self employed support package to be announced tomorrow. Will watch and digest in the evening with a view to update on Friday.

24th March 07:30

Further layout changes into categories. More detail on furloughed employees and assistance for employers (inc director only businesses). Slight revisions to grant pages (we do think it’s an idea to speak to your local authority, even though gov advice is to wait). Although putting extra strain on gov resources may be a negative.

23rd March 19:45

Layout changes to make it easier to read. Answers to questions about grants and self employed help.
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We are using WhatsApp broadcasting feature to send out updates, as we make them, instantly. We urge you to join.

It’s much easier and faster than sending out emails – it’ll also help keep inboxes clearer.

To get added to our list:

  1. Download WhatsApp if you haven’t already done so : https://www.whatsapp.com/download
  2. Send us a WhatsApp message to 07860039927 – saying you want to be added to the broadcast list or use this quick link : https://wa.me/447860039927?text=hi,%20please%20add%20me%20to%20your%20WhatsApp%20broadcast%20
  3. Add this number (07860039927) to your contacts – this is important, if you don’t do this step, you won’t get messages. This is WhatsApps way of preventing spam messages
  4. How to add a contact: iPhone / Android

Published: 18th March 2020

Last updated: 20th March 2020 (morning amendments in italics – text in blue is as at 18:30 (which is mainly a summary of the press conference – we’ll know more as information is released early next week) re: government support – this is one of those unusual situations where we only know info as it’s officially released – which you can also follow using the gov link below

22nd March 2020: Layout changes and amendments.

Remember, we’re all in this together. We can help each other get through it. If you need to talk, just call 01392927647

Top links

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Government Finance and Support:

Read this page, but note it was last updated 22nd March 2020. There have been new Government support announcements since this date, so please see our FAQ pages for the more detail.


The Government’s official page has been updated with new information on who is eligible and when/how to apply – it’s still a bit of a waiting game, but we can still be taking action. The best advice for now is speak to your bank (find out what information they’ll need from you as we can help prepare this). See the “what can I do now” page. Or give us a call.

All the latest information on the Governments support packages can be found on the link below (it should be updated as new support or developments are made) – the advice (for business premises grants) at present is to wait for your local authority to contact you, but if you need to you can get their contact details here: find my local authority/council

https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses (more…)

Published: 19th March 2020

Last updated:

First of all speak to them and get a feel for whether they can or will pay. (more…)

If we find anything that makes us laugh or inspires us, we’ll share it here:

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You can log into Xero and review the bank transactions with comments. You can add to the comment in answer to the query. Please add your initial to the start of your comment.
See attached screen shots for assistance.

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Please find below screen shots which will show you how to find journals in Xero:

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