Author Topic: 0nly 1 in 3 self employed being helped.  (Read 61 times)

brian54

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0nly 1 in 3 self employed being helped.
« on: Mar 26, 2020, 07:18:48 AM »
I am just wondering if this is because a lot do not declare all of their income to the tax man.

Diasi

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Re: 0nly 1 in 3 self employed being helped.
« Reply #1 on: Mar 26, 2020, 07:23:18 AM »
I am just wondering if this is because a lot do not declare all of their income to the tax man.

I would imagine it could well be the case.

If you tell HMRC that you're earning under 10,000 per year you can't really tell them you need 20,000 to live on.
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David G

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Re: 0nly 1 in 3 self employed being helped.
« Reply #2 on: Mar 26, 2020, 10:10:18 AM »
I would imagine the government have that in mind Brian, because I certainly have.

klondike

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Re: 0nly 1 in 3 self employed being helped.
« Reply #3 on: Mar 26, 2020, 11:09:26 AM »
I bet a lot of small closed limited companies (ie one man band or family businesses) gave all their employees a monster pay rise when HMG announced they would be paying 80% of the wage bill.