10 signatures reached
To: Rishi Sunak
Help small businesses through the Coronavirus
Help small businesses through the Coronavirus, change the rules on who is entitled to the government grant.
Why is this important?
If you are newly self-employed, sadly the Chancellor said no to including you this tax year. Under the Self-employment Income Support Scheme, the state will pay 80% of average profits up to £2,500/mth (provided total annual profits are under £50,000).
The average profit is based on earnings in the three tax years up to 5 Apr 2019. This leaves those who started a business after that in the lurch. Even some who started the year before may fall foul, as to qualify, over 50% of annual income needs to be from self-employment.
The Chancellor Rishi Sunak has been asked if he'd change the guidance to include profits of those who submit speedy tax returns for the most recent tax year. In his video answer, sadly he said no.
Another gaping hole that needs fixing.
Please sign this petition to help small businesses survive through the Coronavirus, to help the people with no income to pay their bills and look after their families. Thank you so much.
