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Author Topic: Help for (some of) the self-employed announcement at last - UK  (Read 26016 times)

GucciGang

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #270 on: 30 November 2020, 12:08:33 am »
If anyone is up I’ve just applied for the third grant took 30 seconds. And got my amount to be paid in a few days. The system was live at 12.01

Caledonia

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #271 on: 30 November 2020, 12:49:01 am »
If anyone is up I’ve just applied for the third grant took 30 seconds. And got my amount to be paid in a few days. The system was live at 12.01

Just checked I can claim from Friday

Caledonia

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #272 on: 04 December 2020, 12:05:40 am »
Just did mine 🙂

Lushblossom

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #273 on: 04 December 2020, 07:20:11 am »
Just did mine this morning.

ana30

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #274 on: 29 December 2020, 10:40:17 pm »
quick question (bumping this thread up again), I' a bit confused... I got my last grant begining December so when should we be getting the next grant? I'm guessing begining February?

thanks.
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Cat_BBW

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #275 on: 30 December 2020, 02:08:50 am »
quick question (bumping this thread up again), I' a bit confused... I got my last grant begining December so when should we be getting the next grant? I'm guessing begining February?

thanks.

The gov site doesn't say, only says "There will be a fourth grant covering February 2021 to April 2021. We will set out further details, including the level of the fourth grant in due course."

Sammy13

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #276 on: 30 December 2020, 04:46:06 pm »
I’m thinking it will be around Feb as they have been every 3 months so far. Fingers crossed it isn’t reduced too much

ana30

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #277 on: 30 December 2020, 05:40:02 pm »
I’m thinking it will be around Feb as they have been every 3 months so far. Fingers crossed it isn’t reduced too much

Ditto! I hope we don;t get that 40% bollocks we got in October I believe it was  >:(
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Gypsy

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #278 on: 30 December 2020, 06:04:39 pm »
Ditto! I hope we don;t get that 40% bollocks we got in October I believe it was  >:(

If the Government has still got most of the country locked up, I can't see them offering us anything as low as that.
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Cat_BBW

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #279 on: 31 December 2020, 02:42:51 am »
Ditto! I hope we don;t get that 40% bollocks we got in October I believe it was  >:(

70% in August.

We've been offered 3 grants so far. It was 80% for the first, 70% for the second, 80% for the third (the most recent). There's a 4th due in about March-ish 2021.


ana30

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #280 on: 31 December 2020, 04:17:56 pm »
70% in August.

We've been offered 3 grants so far. It was 80% for the first, 70% for the second, 80% for the third (the most recent). There's a 4th due in about March-ish 2021.

wasn't the second grant "40%? maybe I'm loosing my marbles here, but then it's new years eve and I had two coffees today  ???
« Last Edit: 31 December 2020, 04:22:32 pm by ana30 »
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Mirror

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #281 on: 31 December 2020, 05:13:02 pm »
wasn't the second grant "40%? maybe I'm loosing my marbles here, but then it's new years eve and I had two coffees today  ???

The proposal was initially for 40% but was rapidly changed to 80% ahead of T3 impostion and the subesquent November restrictions, this was all done before the application date.

amy

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #282 on: 31 December 2020, 06:08:51 pm »
The proposal was initially for 40% but was rapidly changed to 80% ahead of T3 impostion and the subesquent November restrictions, this was all done before the application date.

I think that was the current (3rd) grant - it's only been open a month and doesn't close until the 29th of January, so the fourth will likely open about a month after that. I daresay the rates will be announced sometime between the two (and on the .gov website, which appears to be working fine) :)

ana30

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #283 on: 18 January 2021, 02:37:05 pm »
Hi ladies I'm finishing my taxes and stuck between a wall and a rock as nobody seems to know the answer to this question: it's a tax question regarding the covid grant for us the self employed: As we all know it's been paid in instalments of 3 months. I got my first grant mid May 2020.  The tax year I'm filing for is 6th April 2019 to 5 April 2020 (deadline is end of this month and I'm filing online as usual). As per HMRC covid grants need to be declared. So far so good. Does that covid grant given to us mid May 2020 include those ten days between 24th March when lockdown started and April 5th (end of tax year)? How would you calculate that (assuming I have to). Did you ladies all included those ten days of covid grant in your taxes 2019-2020? I'm sooo confused!

 if anyone has an answer to this question will really appreciate. Thanks!

ana
« Last Edit: 18 January 2021, 02:42:15 pm by ana30 »
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VoluptuousCurves

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Re: Help for (some of) the self-employed announcement at last - UK
« Reply #284 on: 18 January 2021, 03:16:35 pm »
Ana as long as you account for it in full, it will be fine either way. But it should be declared as one lump sum (or eventually, 4 of them) so there is no need to pro-rata it across two tax years. If you were paid on May 20th 2020 then declare it in your earnings for 2020-2021.

That is presuming you are declaring your accounts as "cash basis", which you should be.

(The other option is "traditional accounting" which relies on you declaring income and outgoings on the basis of invoices that you've sent to clients, and business bills that you've received, but have not yet been paid. Which none of us will be doing for sex work!)
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