
IPSE (the Association of Independent Professionals and the Self-Employed) has welcomed new grants for businesses affected by local lockdowns, but warned the support will do little for many self-employed.

IPSE has urged the government to match this support – which is based on the value of companies’ business premises – with targeted support for self-employed affected by local lockdowns.
Andy Chamberlain, Director of Policy at IPSE (the Association of Independent Professionals and the Self-Employed), said: “We welcome the fact the government is supporting businesses affected by local lockdowns. However, although this will help some self-employed people with business premises, it will leave many more out in the cold.
“Government must ensure that the self-employed do not fall through the gaps in a patchwork of local lockdowns. We urge the government to match this scheme with targeted support for self-employed people across the country whose businesses are affected by local lockdowns.
“Already, one and a half million self-employed have missed out on the Self-Employment Income Support Scheme. Many of these businesses are hanging by a thread: finding themselves shut into local lockdowns without any support could be the final straw for them.”
Not sure which structure is right for your self-employed business? In this blog, experts from Qdos runs through the key tax implications of each one.

Self-employed set to benefit as government unveils new reforms to strengthen late payment enforcement.

Here's what sole traders will need to start doing differently with their tax from April.
