The Corona Virus – HMRC Help for Self-employed people

Keep an eye on the HMRC’s page for latest annoucements: https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme

To calculate how much you could receive – download the spreadsheet and simply type in the net profit you’ve had for the years 16/17, 17/18 and 18/19.

DOWNLOAD THE SPREADSHEET HERE: COVID CALCULATION

Lisa’s Business Tips

• Read all your can
• Be determined
• Seek advice from Business Link (or an impartial government agency who can help and advise you)
• Keep an eye on the numbers – especially your cashflow (get in a good bookkeeper to help you) see: www.FindMeABookkeeper.com
• Create a business plan
• Surround yourself with the right people
• Give it your best shot!

Video: How to set up a business on £150

Bookkeeping System Tips

The Difference Between Being Self Employed And A Sole Trader

Interview with a debt collector

Managing Cashflow and Bookkeeping