Support if you're self-employed
Last updated 6 January 2021
Self-employment Income Support Scheme
The scheme currently allows you to claim a taxable grant worth 80% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £7,500 in total.
If you’re eligible and your business has been adversely affected you must make your claim for the first grant on or before 13 July 2020.
This scheme is being extended. If you’re eligible for the second and final grant, and your business has been adversely affected on or after 14 July 2020 you’ll be able to make a claim in August 2020. You can claim for the second grant even if you did not make a claim for the first grant.
Other types of support
If you're struggling there are other types of support available:
- Council tax support
- Business Interruption Loans. These loans are available through banks
- If you're on a low income and have been told by NHS Test and Trace to self-isolate, you can use our online form to apply for financial support during your self-isolation period
- You can find guidance and support on the coronavirus Business Support Hub
Emotional wellbeing and mental health support
There's support in Stockport to help you if you’re feeling anxious, stressed, low or not okay. You can find information on our emotional wellbeing and mental health support pages.