UK Government launch Coronavirus aid for Self Employed…with
a sting in the tail
a sting in the tail
The long-awaited government helping hand comes with a
possible sting in the tail as the Chancellor hinted of future changes to
“equalise” taxation between employed and self-employed to make it “fairer” for
everyone.
possible sting in the tail as the Chancellor hinted of future changes to
“equalise” taxation between employed and self-employed to make it “fairer” for
everyone.
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1.
Chancellor Rishi Sunak launches scheme to
give relief to millions of self-employed
Chancellor Rishi Sunak launches scheme to
give relief to millions of self-employed
2.
Up to 80% of average taxable earnings
over the last three years will be paid for three months, to a maximum of £2500 pm
Up to 80% of average taxable earnings
over the last three years will be paid for three months, to a maximum of £2500 pm
3.
Aimed at 3.8 million of the 5 million
people registered as self-employed, who earn under £50k – full details to
follow on qualification rules
Aimed at 3.8 million of the 5 million
people registered as self-employed, who earn under £50k – full details to
follow on qualification rules
4.
Grant to be paid as a lump sum by 1 June,
backdated to March
Grant to be paid as a lump sum by 1 June,
backdated to March
5.
Benefit rules changed to allow
self-employed people to apply for universal credit
Benefit rules changed to allow
self-employed people to apply for universal credit
6.
The self-employed can apply for the
business interruption loans through the banks
The self-employed can apply for the
business interruption loans through the banks
7.
£30 billion of tax payments due in July
will be deferred until January 2021
£30 billion of tax payments due in July
will be deferred until January 2021
8.
Should saving for emergencies be enforced
via salary deduction!
Should saving for emergencies be enforced
via salary deduction!
9.
The only way out of the rat race…
The only way out of the rat race…
11. Learn
about investing in property before buying anything!
about investing in property before buying anything!
UK Government Business Support Helpline (England)
Telephone: 0300 456 3565 Monday to Friday, 9am to 6pm
Telephone: 0300 456 3565 Monday to Friday, 9am to 6pm
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
Quit the rat race and retire early
You can learn how to build a second income, acquire cash
flow generating assets using leverage in order to quit the rat race and become
financially free. This crisis has taught us that the only way to be truly
financially free is to build your own source of passive and semi-passive income,
rather than working on someone else’s passive income.
flow generating assets using leverage in order to quit the rat race and become
financially free. This crisis has taught us that the only way to be truly
financially free is to build your own source of passive and semi-passive income,
rather than working on someone else’s passive income.
Learn how to make money on Amazon
Amazon is one of the largest and fastest growing companies
on the planet and its founder owner, Jeff Bezos is the world’s richest man. One
of the ways Amazon got so big is by partnering with millions of small traders
who benefit from Amazon’s massive leverage by selling their products on their
huge ‘shop window’ platform.
on the planet and its founder owner, Jeff Bezos is the world’s richest man. One
of the ways Amazon got so big is by partnering with millions of small traders
who benefit from Amazon’s massive leverage by selling their products on their
huge ‘shop window’ platform.
If you’d like more information on how to quit the rat
race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
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