Your self-employed trading profits must also be less than £50,000 and more than half of your income come from self-employment. In a nutshell if you don't fit into either or both of the first two bullet points below, you will might find some difficulties in applying for this scheme.
- having trading profits/partnership trading profits in 2018-19 of less than £50,000 and these profits constitute more than half of your total taxable income
- having average trading profits in 2016-17, 2017-18, and 2018-19 of less than £50,000 and these profits constitute more than half of your average taxable income in the same period
|Maybe it is time to get on our bikes...|
For further information: https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme
ACAS – Free information for employers and employees about Coronavirus https://t.co/fjwlDiRyWf pic.twitter.com/7fEputxeFG— System Culture (@SystemCultureUK) April 1, 2020