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kiral1404

  • Posts: 164
Working and claiming the self employed grant.
« on: April 03, 2020, 01:29:47 pm »
This will be a contentious question for some,  keep it clean.

I myself have chosen to work throughout, keeping my distance from customers and skipping some houses where I may need to go through lean to, garages etc.

In last 2 weeks I've lost 3 jobs, gained 2. Skipped quite a few houses where I know customers aren't in good health at best of times.

My point is, although I'm working it's at reduced capacity and there will be a knock on effect for next few months at the very  least.

Initially I thought as I've carried on working I wouldn't claim the money come June. However none of us know the true long term effects of this.

So, if I can claim I will. Thinking if I haven't taken too much of a hit I might upgrade the van.

What's people's thoughts on your own situation

JackieW

  • Posts: 865
Re: Working and claiming the self employed grant.
« Reply #1 on: April 03, 2020, 02:01:01 pm »
We will be invited to claim for the grant.

I doubt very much that many people will say,  ''No thanks, keep it''. 

But my full respect to anyone who does.

Paul-kent

  • Posts: 103
Re: Working and claiming the self employed grant.
« Reply #2 on: April 03, 2020, 02:11:32 pm »
I am currently working as much as i can in between looking after my 6 year old which from Monday will be home schooled

I have not lost a lot of income YET but the way i see it is at the moment the  water has a few waves but their is a tsunami coming where you will lose lots of work and potential income from addition work like conservatory cleaning ect

Scary times are coming which is why i am working for as long as i can

deeege

  • Posts: 5008
Re: Working and claiming the self employed grant.
« Reply #3 on: April 03, 2020, 02:34:10 pm »
I’m not eligible as a company director.

I’ll be down around £2k/month for as long as this soft lockdown continues. I’m continuing to work part time and will be bringing in enough to cover my overheads and families monthly costs.

If I could claim I obviously would.

The most important thing for me is 1) family health 2) long term contracts start again when it’s all over 3) short term earnings in that order.

Couldn’t give a monkeys whether other people decide to work / claim, as long as we all follow government guidelines for safe practice that’s good enough for me.
"....and it's lend me ten pounds, I'll buy you a drink, and mother wake me early in the morning."

Smudger

  • Posts: 13438
Re: Working and claiming the self employed grant.
« Reply #4 on: April 03, 2020, 02:50:16 pm »
Deere - you need to furlough yourself

then you qualify for the 80% of your wage ( nothing for the directors bit )

Darran
Never argue with an idiot, they will only bring you down to their level, and beat you with experience

deeege

  • Posts: 5008
Re: Working and claiming the self employed grant.
« Reply #5 on: April 03, 2020, 02:53:54 pm »
Deere - you need to furlough yourself

then you qualify for the 80% of your wage ( nothing for the directors bit )

Darran

I dissolved my company in Nov 18, self employed since so can’t furlough. As more than 50% of earning in the 2019 tax return came from divedends I don’t qualify for the self employed help either.

I’m one of the 5%.
"....and it's lend me ten pounds, I'll buy you a drink, and mother wake me early in the morning."

KS Cleaning

  • Posts: 3955
Re: Working and claiming the self employed grant.
« Reply #6 on: April 03, 2020, 03:07:56 pm »
I will be claiming even though at the moment I’m still working. As things stand I have lost around £160 of 4 weekly work, mostly commercial. I am expecting this to rise as I’m only 9 days through my work cycle since the soft lockdown was introduced.
Irrespective of what I earn, could have earned, lose, potentially lose, I qualify for the grant as I have tax computations which show a profit for 17/18/19.

johnny bravo

  • Posts: 2699
Re: Working and claiming the self employed grant.
« Reply #7 on: April 03, 2020, 03:14:59 pm »
They will contact You.         Not guaranteed to be contacted.     

zesty

  • Posts: 2454
Re: Working and claiming the self employed grant.
« Reply #8 on: April 03, 2020, 03:17:50 pm »
I’ve lost a significant amount of work commercial temporarily, so I will welcome the help.

I am still doing bits and bobs, but my big earners have fallen off untill the lockdown is over.

Still haven’t received the email or text from hmrc yet though.

swanson

  • Posts: 602
Re: Working and claiming the self employed grant.
« Reply #9 on: April 03, 2020, 03:28:42 pm »
 will be a long wait
just keep going.

AuRavelling79

  • Posts: 25392
Re: Working and claiming the self employed grant.
« Reply #10 on: April 03, 2020, 04:19:14 pm »
I have heard from the rumour mill that although the HMRC are deferring the tax for July they are asking that if you can pay it on time then please do so.

If I get the SEISS grant I might use some of it to pay the tax bill on time in July so that it doesn't bite me in the bottom next January.  :-\
It's a game of three halves!

zesty

  • Posts: 2454
Re: Working and claiming the self employed grant.
« Reply #11 on: April 03, 2020, 04:21:41 pm »
I have heard from the rumour mill that although the HMRC are deferring the tax for July they are asking that if you can pay it on time then please do so.

If I get the SEISS grant I might use some of it to pay the tax bill on time in July so that it doesn't bite me in the bottom next January.  :-\

Same, it will be helping to pay the tax bill for sure!

Stoots

  • Posts: 6211
Re: Working and claiming the self employed grant.
« Reply #12 on: April 03, 2020, 04:30:44 pm »
Deere - you need to furlough yourself

then you qualify for the 80% of your wage ( nothing for the directors bit )

Darran

I dissolved my company in Nov 18, self employed since so can’t furlough. As more than 50% of earning in the 2019 tax return came from divedends I don’t qualify for the self employed help either.

I’m one of the 5%.

Mate that sucks ass, although I've heard a few whispers a sole director can furlough its not been made clear yet and there are some strict rules even if you can

I'm waiting to see if I can furlough but at  £800 a month for my PAYE it won't cover my bills. So either way I'll be making a loss next few months if it comes to stopping us working.


If i was self employed and I could work and claim I would without a doubt. Look after number 1,

Don Kee

  • Posts: 4878
Re: Working and claiming the self employed grant.
« Reply #13 on: April 03, 2020, 04:31:09 pm »
I have heard from the rumour mill that although the HMRC are deferring the tax for July they are asking that if you can pay it on time then please do so.

If I get the SEISS grant I might use some of it to pay the tax bill on time in July so that it doesn't bite me in the bottom next January.  :-\

It’s a good idea in fairness but from a moral standpoint, wont you just be admitting you didn’t need it by doing that?
Why don't you have a quick google before making stupid comments?

AuRavelling79

  • Posts: 25392
Re: Working and claiming the self employed grant.
« Reply #14 on: April 03, 2020, 04:44:45 pm »
I have heard from the rumour mill that although the HMRC are deferring the tax for July they are asking that if you can pay it on time then please do so.

If I get the SEISS grant I might use some of it to pay the tax bill on time in July so that it doesn't bite me in the bottom next January.  :-\

It’s a good idea in fairness but from a moral standpoint, wont you just be admitting you didn’t need it by doing that?

I have no qualms about accepting it if I qualify. Not to justify it but it does cross my mind that I "always thought" I'd get retirement pension at 65 and Mrs. Gold at 60. That rug was taken from us - albeit with a long warning.

It is what it is. If chocolate is on offer I shall eat chocolate.
It's a game of three halves!

kiral1404

  • Posts: 164
Re: Working and claiming the self employed grant.
« Reply #15 on: April 03, 2020, 05:19:59 pm »
I do feel sorry for the small businesses. It seems if you expand or try to you get shafted.

Don Kee

  • Posts: 4878
Re: Working and claiming the self employed grant.
« Reply #16 on: April 03, 2020, 05:24:52 pm »
I have heard from the rumour mill that although the HMRC are deferring the tax for July they are asking that if you can pay it on time then please do so.

If I get the SEISS grant I might use some of it to pay the tax bill on time in July so that it doesn't bite me in the bottom next January.  :-\

It’s a good idea in fairness but from a moral standpoint, wont you just be admitting you didn’t need it by doing that?

I have no qualms about accepting it if I qualify. Not to justify it but it does cross my mind that I "always thought" I'd get retirement pension at 65 and Mrs. Gold at 60. That rug was taken from us - albeit with a long warning.

It is what it is. If chocolate is on offer I shall eat chocolate.


Yeah, I get you.

Part of me was thinking that if I could get through the next few months on savings and limited work that I may not take it.
Less tax to pay but mostly that would (in my head) show I didn’t need it and maybe ease the burden of the government payouts.

I then had a chat with a very successful accountant customer of mine. (Through the window of his conservatory I hasten to add)

His response was that whilst it was a commendable thought, 99% of people will take it irrelevant of situation and we’ll all be paying it back in the future.

So my expected 6grand wouldnt really put a dent into the deficit.

When put like that then I guess I’d be daft not to take it.
Why don't you have a quick google before making stupid comments?

dd

  • Posts: 2568
Re: Working and claiming the self employed grant.
« Reply #17 on: April 03, 2020, 05:37:16 pm »
Like Donkey said - we will pay for it anyway through increased NI and tax contributions, so if eligible you may as well claim.

֍Winp®oClean֍

  • Posts: 1688
Re: Working and claiming the self employed grant.
« Reply #18 on: April 03, 2020, 05:43:06 pm »
I have heard from the rumour mill that although the HMRC are deferring the tax for July they are asking that if you can pay it on time then please do so.

If I get the SEISS grant I might use some of it to pay the tax bill on time in July so that it doesn't bite me in the bottom next January.  :-\

That's not a rumour, it has always been the case. I logged onto my HMRC account a day after the announcement and it clearly stated that if you could afford to pay in July then you should still do that. 👍
Comfortably Numb!

NWH

  • Posts: 16952
Re: Working and claiming the self employed grant.
« Reply #19 on: April 03, 2020, 05:55:13 pm »
Yeah I might pay that deferred bill as well thinking about it in July 👍