Self-Employment Income Support Scheme

GPTKB entity

Statements (46)
Predicate Object
gptkbp:instance_of gptkb:financial_assistance
gptkbp:administered_by gptkb:HM_Revenue_and_Customs
gptkbp:aims_to support self-employed individuals
gptkbp:application online application
gptkbp:duration three months
gptkbp:duration_of_support up to 12 months
gptkbp:economic_impact helped many businesses survive
stabilized self-employment
gptkbp:eligibility trading profits under £50,000
gptkbp:evaluates surveys
mixed results
gptkbp:final_grant_date September 2021
gptkbp:financial_assistance_type non-repayable grants
gptkbp:financial_eligibility based on prior income
gptkbp:first_payment_date May 2020
gptkbp:funding gptkb:significant
government budget
limited to specific periods
gptkbp:government_commitment supporting self-employed workers
gptkbp:government_response economic stimulus
https://www.w3.org/2000/01/rdf-schema#label Self-Employment Income Support Scheme
gptkbp:impact self-employed income
gptkbp:introduced gptkb:UK_Government
gptkbp:is_available_in self-employed individuals
gptkbp:is_criticized_for delays in payments
gptkbp:is_funded_by taxpayer money
gptkbp:is_targeted_at partnerships
freelancers
sole traders
gptkbp:issues_reports_on ineligible applicants
gptkbp:launched_in gptkb:2020
gptkbp:maximum_grant_amount £7,500
gptkbp:part_of UK economic response to COVID-19
gptkbp:phase_out_date September 2021
gptkbp:provides grants
gptkbp:public_perception generally positive
gptkbp:related_scheme gptkb:Job_Support_Scheme
Bounce Back Loan Scheme
gptkbp:related_to gptkb:COVID-19_pandemic
gptkbp:replaced_by Self-Employment Income Support Scheme Extension
gptkbp:reports_to self-assessment tax returns
gptkbp:revenue reduced tax revenue
gptkbp:second_grant_amount £6,570
gptkbp:success_rate high
gptkbp:bfsParent gptkb:Job_Support_Scheme
gptkbp:bfsLayer 6