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COVID-19: Quick Guide

Government Financial Support for the Self-Employed in Northern Ireland (26 March) The Government has...

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Cashflow Support Via Interest-Free Loans

Cashflow Support Via Interest Free Loans What is it? Delivered through the British Business Bank and 22 participating lenders in Northern Ireland. The Government will provide lenders with a guarantee of 80% on each loan (subject to a per-lender cap on claims). The scheme will support loans (including Term Facilities, Overdrafts, Invoice Finance and Asset … Continued

Self Employed – Delayed Tax Payments

Self Employed – Delayed Tax Payments While there is not currently any significant government support for the self-employed sector there is a significant lobby pressure to implement some measures. The current support is via delayed payment. Income Tax For Income Tax Self-Assessment, payments due on the 31 July 2020 will be deferred until the 31 … Continued

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