UK Property Tax Accountants 's video: SEISS Update - 80 grant funding to the self employed until March 2021

SEISS Update - 80% grant funding to the self employed until March 2021 ===== Self employment income support scheme article from Optimise Accountants: https://www.optimiseaccountants.co.uk/knwbase/covid19-government-financial-support-to-the-self-employed/ Self employment income support scheme – August 2020 grants: https://www.youtube.com/watch?v=pGyHo2aQ_0s Self employment income support scheme – October 2020: https://www.youtube.com/watch?v=SxJ8EY9wbgs&t=13s Self employment income support scheme – How will the grand be taxed: https://www.youtube.com/watch?v=cNZzlSJvPMg In this video you will learn from Simon Misiewicz, your property tax specialist, of Optimise Accountants ▶ What is the change to the self employment income support scheme for November 2020 that was announced by the chancellor Rishi Sunak on 2nd November 2020 ▶ How will the self employed be supported financially by the government and HMRC due to the national lockdowns that was announced by the UK prime minister Boris Johnson on 30th October 2020 ▶ What is the winter economy plan as illustrated by Rishi Sunak? ▶ How will the Winter economy plan help those that are self employed in the UK? ▶ What are the timescales and the milestones of each of the self employment income support schemes due to COVID19 financial crisis? ▶ How does the new Self Employment Income Support Scheme in October 2020, November 2020 relate to that in June 2020 and August 2020? ▶ What are the key dates that self employed people need to be aware of to benefit from the SEISS scheme? ▶ The government will provide 80%, not the previously stated 40% or the previously stated 20%, of the self employment profits that was submitted to HMRC as part of the self assessment tax return in the previous 2-3 years. ▶ How will the 80% self employment income support scheme grant funding for November 2020 be calculated? ▶ The % profits paid by the government will be capped at £7,500 not the £1,875 as previously stated by Rishi Sunak a few days ago. Self employed people will not get the full 80% amount of they earn above a certain value as shown in the video ▶ Grant applications for the self employment income support scheme will commence from 1st November 2020 ===== ===== Online Tax Community: Speak with Simon this Wednesday at 7pm & get your free 28 day trial to the Tax Know How online community here: https://buy-to-let-property-tax.teachable.com/ ==== Our accountancy and tax services: To speak with one of our business development managers about our services click here https://optimiseaccountantsltd.as.me/?appointmentType=190078 Monthly fees • £89.95 1 X self assessment tax returns • £99.95 2 X self assessment tax returns • £99.95 per month inc VAT for 1 X limited accounts and tax returns • £139.90 1 X limited company accounts and 1 X self Assessment tax returns • £159.90 1 X limited company accounts and 2 X self Assessment tax returns ===== Prefer a one off tax consultation? Want to speak with a property tax specialist to ensure that you have the right tax structure in place? We will spend the following time working for you as follows: - 30/60 minutes to read all the questions and information provided and identify tax solutions - 30/60 minutes in the meeting with you to discuss the very best tax solutions. - 30/60 minutes to send you the email and do further research as required - 15 minutes to clarify any questions that you may have after the call Tax call fee Options 30 minute tax call with any member of our tax advisors will cost £198.75 from the usual price of £265 Use code “YoutTube25” to get 25% discount - Book a tax saving call here: https://optimiseaccountantsltd.as.me/optimiseaccountantstaxconsultation === Other important links Call to discuss our retained tax services https://www.optimiseaccountants.co.uk/consultation-free-service-discussion Book a call to save tax: https://www.optimiseaccountants.co.uk Calculate and save tax today: https://www.optimiseaccountants.co.uk/tax-calculators/