Government Financial Support for the Self-Employed in Northern Ireland (26 March) The Government has...
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 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
Business Support Grant Scheme Updated 25.03.20 What is it? Grants of £10,000 and £25,000 will be made available to eligible Northern Ireland businesses. A grant of £10,000 available to small businesses and a grant of £25,000 for medium-sized businesses. Can I apply? £10,000 grant – small businesses eligible for the Small Business Rate Relief Scheme; … Continued
