Self-Employment Income Support Scheme
E532456
The Self-Employment Income Support Scheme was a UK government program that provided taxable grants to self-employed individuals whose businesses were adversely affected by the COVID-19 pandemic.
Statements (42)
| Predicate | Object |
|---|---|
| instanceOf |
COVID-19 economic support measure
ⓘ
government support scheme ⓘ |
| administeredBy | HM Revenue and Customs NERFINISHED ⓘ |
| affectedBy | UK tax rules ⓘ |
| beneficiaryObligation | to declare grants on self-assessment tax returns ⓘ |
| beneficiaryType | individuals rather than companies ⓘ |
| benefitType | taxable grant ⓘ |
| country | United Kingdom ⓘ |
| currency | Pound sterling ⓘ |
| economicFunction | income stabilisation for self-employed ⓘ |
| eligibilityCriterion |
adversely affected by COVID-19
ⓘ
filed a self-assessment tax return for the relevant tax year ⓘ majority of income from self-employment ⓘ trading in the relevant tax years before the pandemic ⓘ trading profits not exceeding a specified threshold ⓘ |
| fundingSource | UK central government NERFINISHED ⓘ |
| geographicScope | United Kingdom NERFINISHED ⓘ |
| hasCharacteristic |
means-tested based on trading profits
ⓘ
paid in instalments via multiple grant rounds ⓘ time-limited ⓘ |
| impact | provided income support to self-employed people during COVID-19 restrictions ⓘ |
| implementedBy | UK government NERFINISHED ⓘ |
| implementedDuring | COVID-19 pandemic in the United Kingdom NERFINISHED ⓘ |
| introducedInResponseTo |
COVID-19 pandemic
NERFINISHED
ⓘ
economic impact of COVID-19 on self-employed workers ⓘ |
| legalNature | temporary emergency support measure ⓘ |
| policyArea |
economic policy
ⓘ
public finance ⓘ social protection ⓘ |
| purpose | to support self-employed individuals whose businesses were adversely affected by the COVID-19 pandemic ⓘ |
| relatedConcept |
business continuity support
ⓘ
pandemic relief ⓘ self-employment ⓘ |
| relatedTo |
Coronavirus Job Retention Scheme
NERFINISHED
ⓘ
UK COVID-19 business support schemes ⓘ |
| riskAddressed | loss of income for self-employed due to COVID-19 ⓘ |
| sectorCoverage | various self-employed sectors ⓘ |
| shortName | SEISS NERFINISHED ⓘ |
| supportForm | cash grant ⓘ |
| targetGroup |
members of partnerships
ⓘ
self-employed individuals ⓘ |
| taxTreatment | taxable income ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.