Income protection insurance
How will you pay the bills if you were sick or injured and couldn’t work? There is a growing unease about the economic fallout of coronavirus (COVID-19), with many businesses laying off contractors and putting staff on extended leave, as well as natural worries about contacting the disease.
Protecting renters affected by coronavirus
No renter in either social or private accommodation will be forced out of their home More than a fifth of UK households live in privately rented accommodation. The Government has introduced measures to protect renters affected by coronavirus (COVID-19). This radical package of measures protects renters and landlords affected by coronavirus – and with these […]
Coronavirus investment scams
If it sounds too good to be true, it probably is Fraudsters are getting more sophisticated, particularly with investment scams. They can be articulate and financially knowledgeable, with credible websites, testimonials and materials that are hard to distinguish from the real thing. However, if it sounds too good to be true, it probably is.
Moving closer to retirement
Delay taking your pension if you can For those people moving closer to retirement who may have been impacted by the recent market volatility, an option to consider is deferring your private pension.
Second self-assessment payment deferment
Strengthening the safety net for those who work for themselves The Chancellor, Rishi Sunak, said he will ‘strengthen the safety net for those who work for themselves’ with a package of measures to support the self-employed and freelancers, offering improved benefits and tax deferrals.
Self-employment Income Support Scheme
Financial support for those impacted by coronavirus Chancellor of the Exchequer Rishi Sunak unveiled unprecedented government aid for the self-employed. There are around five million people who are self-employed and freelance across the UK, and many will be relieved to hear that financial support is on the way to help those impacted by coronavirus.
Self-employed and not eligible for SSP
What other options do I have available to me? If you are not eligible for Statutory Sick Pay (SSP) – for example, if you are self-employed or earning below the Lower Earnings Limit of £118 per week – and you have COVID-19 or are advised to self-isolate, you can now more easily make a claim […]
Statutory Sick Pay
Payments made from day 1, rather than day 4, of your absence from work If you think you are entitled to Statutory Sick Pay (SSP), you can receive £94.25 per week if you’re too ill to work. It’s paid by your employer for up to 28 weeks.
Coronavirus Job Retention Scheme
Guaranteeing a proportion of the salaries of millions of workers Around the country, many employers have implemented lay-offs due to reduced revenues and the closure of their business premises due to coronavirus. The Coronavirus Job Retention Scheme has been set up to support those employers and help them continue to pay wages of staff who would otherwise […]
Coronavirus Business Interruption Loan Scheme
Lifeline for small and medium-sized enterprises struggling with cash flow The Coronavirus Business Interruption Loan Scheme (CBILS) is a loan scheme that was announced by the Chancellor, Rishi Sunak, during the 2020 Budget and has been set up to help small and medium-sized enterprises (SMEs) that are struggling with cash flow because of revenues that […]
