Where’s help for real self employed people ???

[topgear13]

Wife’s a childminder so loses all her income now schools are closed and most of her clients are teachers

I run my own limited company on my own also. So where do I get income from ???

So where’s the help for the real self employed people. GOVERNMENT DONT GIVE A SHIT ABOUT REAL PEOPLE that pay there stamp , corporation tax etc. But hey I’m sure people screwing government on benefits will get extra £££

meantime there giving money and grants to leisure , hotel , restaurants pubs etc. The same persons namely a hotel chain that made redundancies today and more to come. They are giving money to assist not to chop staff

 

[billybob99]

The government is in it for themselves.

Like Delboy said, the government don't give us nuffink, so we give em nuffink.

 

[UKSBD]

Wife’s a childminder so loses all her income now schools are closed and most of her clients are teachers

I run my own limited company on my own also. So where do I get income from ???

So where’s the help for the real self employed people. GOVERNMENT DONT GIVE A **** ABOUT REAL PEOPLE that pay there stamp , corporation tax etc. But hey I’m sure people screwing government on benefits will get extra £££

Universal Credit - they've suspended the minimum income floor

 

[Mr D]

Wife’s a childminder so loses all her income now schools are closed and most of her clients are teachers

I run my own limited company on my own also. So where do I get income from ???

So where’s the help for the real self employed people. GOVERNMENT DONT GIVE A **** ABOUT REAL PEOPLE that pay there stamp , corporation tax etc. But hey I’m sure people screwing government on benefits will get extra £££

meantime there giving money and grants to leisure , hotel , restaurants pubs etc. The same persons namely a hotel chain that made redundancies today and more to come. They are giving money to assist not to chop staff

Your income as an employee of your company is from your company. You don't mention what your company does or how its income is affected.

The self employed, real or not, appear able to claim universal credit as UKSBD says. Presumably she doesn't have commercial premises for her business?
And self employed don't pay corporation tax. That's companies.

Government appears to be giving some money to keep businesses afloat. That isn't the same as keeping staff employed - and the help may well not pay for multiple months of full staffing. Government willing to pay 6 months full running costs for a hotel chain?

However if a company can avoid being shut down due to lack of funds then maybe, once things are improving again, the company can get running its business and needing staff at that point.

 

[JEREMY HAWKE]

This is where I am with it

I chose to do this decades ago .I subscribed to the code that I decided to go on my own and everything is my responsibility and my problem.

It's not my fault but it is my problem so I don't expect to be bailed out by anybody .
The fact of the matter is we are probably on our own but I'm alright with that .We are however all in the same boat

 

[MBE2017]

Help for the self employed will come, eventually.

 

[James Kaye]

I'm also confused by the £3,000 grant. We rent a private team room in a co-working space for £2,000 a month and we don't pay business rates as they are included. I employ 6 people so am not sure where the relief is for us when are paying the same, if not more than some people who are in a rented property and who are eligible for the small business relief?

 

[Gordon - Commercial Finance]

I'm also confused by the £3,000 grant. We rent a private team room in a co-working space for £2,000 a month and we don't pay business rates as they are included. I employ 6 people so am not sure where the relief is for us when are paying the same, if not more than some people who are in a rented property and who are eligible for the small business relief?

James I’ve replied to your question on another thread - hope that’s of some use to you.

 

[SillyBill]

This is where I am with it

I chose to do this decades ago .I subscribed to the code that I decided to go on my own and everything is my responsibility and my problem.

It's not my fault but it is my problem so I don't expect to be bailed out by anybody .
The fact of the matter is we are probably on our own but I'm alright with that .We are however all in the same boat

Quite agree. I have one business with a business partner and he is fretting crazily (as is understandable), never seen him so stressed in all the years we've worked together. Personally though I've always had an attitude of I can only control what I can control and to crack on as best as you can whatever the circumstances. Beyond that, the cards fall where they will. Sounds trivial but it removes a boat load of stress if you abide by the principle.

 

[simon field]

I think for a long time there’s been the perception that self-employed people generally earn more than their employed counterparts.

A busy self employed plumber (for example) can probably earn £200/day upwards, whereas a plumber on the books just over half of that, maybe less.

So therefore, the self-employed person should have saved for a rainy day, as one never knows what lies ahead, when the work dries up/gets patchy, sickness etc etc.

 

[Darren_Ssc]

So where’s the help for the real self employed people. GOVERNMENT DONT GIVE A **** ABOUT REAL PEOPLE that pay there stamp , corporation tax etc. But hey I’m sure people screwing government on benefits will get extra £££

If you've been paying stamp and corporation tax, etc then where is your contingency fund? Lots of businesses in the same boat, no cash but a new Range Rover sat on the drive.

 

[topgear13]

If you've been paying stamp and corporation tax, etc then where is your contingency fund? Lots of businesses in the same boat, no cash but a new Range Rover sat on the drive.

Take me out scenario I have just finished my first year of business !! You are cherry picking

my wife is a registered childminder in our home Is she meant to have a contingency plan ? Talk sense Where’s the help.

 

[Stas Lawicki]

Appreciating this is going slightly off topic, I have to agree with the above. As self employed we have the benefit of extra earning potential (along with a host of other benefits), but the income might be irregular, high one month, nothing the next. It has taught me to budget and save far more that working in a corporate.

I consider it a myth that working for others or being an employee provides stability - it doesnt! You can get fired for anything in the first two years. Redundancies, mergers and lay-offs, poor management driving you ill or out. It's a false sense of security. When the money is gone, it's gone. No matter what your job or who you work for.

Self employed means self responsibility. Save, save, save, cut those costs and prepare to face the music if the worst comes. Like @JEREMY HAWKE - I took the desicion to do my own thing, I'm the one to get me out of trouble, nobody else.

 

[Gordon - Commercial Finance]

All my time working in Investment Banking, it was the busy times that were mentally stressful and exhausting. Now that I have my own company, it’s the quiet times that are stressful and exhausting. Strange how that turns right around like that.

Working for a big American bank right now I would be working from home, full pay, not having a care in the world. Instead I’m having to see how long I can last through this nightmare if I don’t write any more business.

 

[Mark T Jones]

I'm also confused by the £3,000 grant. We rent a private team room in a co-working space for £2,000 a month and we don't pay business rates as they are included. I employ 6 people so am not sure where the relief is for us when are paying the same, if not more than some people who are in a rented property and who are eligible for the small business relief?

in that case I suggest you approach your landlord for a portion of their rate relief.

 

[Mark T Jones]

This is where I am with it

I chose to do this decades ago .I subscribed to the code that I decided to go on my own and everything is my responsibility and my problem.

It's not my fault but it is my problem so I don't expect to be bailed out by anybody .
The fact of the matter is we are probably on our own but I'm alright with that .We are however all in the same boat

this. I’ve noticed that many of the self employed are very good at giving themselves the title ‘entrepreneur’ and even quicker to demand compensation when things go wrong

there is a saying oft-used on this forum ‘when the tide goes out you see who is swimming naked’. And boy has the tide gone out!

 

[Darren_Ssc]

Take me out scenario I have just finished my first year of business !! You are cherry picking

You were complaining about paying corporation tax? You put yourself in the scenario, not me.

 

[Mr D]

Take me out scenario I have just finished my first year of business !! You are cherry picking

my wife is a registered childminder in our home Is she meant to have a contingency plan ? Talk sense Where’s the help.

Some childminders do have contingency plans. Things happen and business suddenly not viable for a time.


Expecting help from government - maybe there will be some. But if there is not any relevant to her then what? Figure out what to do based on what can be done.
Lots of businesses in the same boat.

 

[JEREMY HAWKE]

Take me out scenario I have just finished my first year of business !! You are cherry picking

my wife is a registered childminder in our home Is she meant to have a contingency plan ? Talk sense Where’s the help.

People are talking sense this is real

There will probably be no help

Have you ever asked yourself What happens in the worst possible situation
You should have been asking yourself How can I handle it not look to Boris Johnson

Boris is good for a laugh but it would be an even bigger laugh if I was depending on him to bail me our

 

[Mark T Jones]

Some childminders do have contingency plans. Things happen and business suddenly not viable for a time.


.

Every business should have contingency plans. In fairness though, even the rigorous stress-test is unlikely to feature global lock-down!

 

[Clinton]

I run my own limited company on my own also. So where do I get income from ???

So where’s the help for the real self employed people.

I suppose even from these are dark times some good will emerge, like some self-employed "entrepreneurs" realising the meaning of self employed.

It means you take responsibility for your earnings, your cash flow. You plan for contingencies. This early in the crisis if you're already needing help then you're not really cut out for business.

If business is not for you, give up your fancy title of company director and go join those unemployed people who're living off benefits and doing so well.

And quit whining.

 

[Mark T Jones]

I suppose even from these are dark times some good will emerge, like some self-employed "entrepreneurs" realising the meaning of self employed.

It means you take responsibility for your earnings, your cash flow. You plan for contingencies. This early in the crisis if you're already needing help then you're not really cut out for business.

If business is not for you, give up your fancy title of company director and go join those unemployed people who're living off benefits and doing so well.

And quit whining.

There! You've said it

 

[Stas Lawicki]

I’ve noticed that many of the self employed are very good at giving themselves the title ‘entrepreneur’

I can't stand this title. In fact, I wince when idiots on LinkedIn say 'I'm reaching out to entrepreneurs like you...' errr, no thank you, 'reach' somewhere else...

 

[Alison Moore]

meantime there giving money and grants to leisure , hotel , restaurants pubs etc. The same persons namely a hotel chain that made redundancies today and more to come. They are giving money to assist not to chop staff

They're giving money to these sectors as they know they will be most badly effected and have been screwed over by paying extortionate business rates, when the government knows that the rates system should have been overhauled at least 5 years ago as it's no longer fit for purpose. The government is giving assistance to the self employed with Universal Credit.

 

[Mark T Jones]

I can't stand this title. In fact, I wince when idiots on LinkedIn say 'I'm reaching out to entrepreneurs like you...' errr, no thank you, 'reach' somewhere else...

I remember a sales training course we were taught the concept of 'dead cow' words - aligned with describing a steak as 'succulent' 'sizzling' 'matured', or calling it dead cow.

Entrepreneur (or any hideous derivation), reach out and opportunity are definite dead cow words in my world.

 

[Mr D]

Every business should have contingency plans. In fairness though, even the rigorous stress-test is unlikely to feature global lock-down!

True.
But things can happen that prevent a childminder looking after other kids for a while.

 

[Ian J]

aligned with describing a steak as 'succulent' 'sizzling' 'matured', or calling it dead cow.

We've got dead cow for dinner again tonight. Sainsbury shelves have been stripped bare of chicken and pork leaving just the more expensive dead cow on the shelves

 

[Mark T Jones]

We've got dead cow for dinner again tonight. Sainsbury shelves have been stripped bare of chicken and pork leaving just the more expensive dead cow on the shelves

I’ve gor premium dead cow tomorrow. Pre-order from proper butcher!

 

[Mr D]

I’ve gor premium dead cow tomorrow. Pre-order from proper butcher!

Even basic dead cow can be made to taste great with good preparation and cooking.

 

[Chris Ashdown]

We have a freezer/ fridge in the house and a small freezer in the garage

like a lot of people i Know, The inhouse on has mostly this weeks food supply and the garage on all the food we brought but never fancied later and it slowly built up over time

Despite promising the other half I would throw out all the good food we never fancied, I did the normal male thing and found every excuse to avoid doing so.

Is she thanking me for my clever emergency plans, guess the answer

 

[busowner987]

I was looking at some tasty new expensive motors only a couple of weeks back. I wonder with everything going on the prices will come right down..

 

[JEREMY HAWKE]

They're giving money to these sectors as they know they will be most badly effected and have been screwed over by paying extortionate business rates, when the government knows that the rates system should have been overhauled at least 5 years ago as it's no longer fit for purpose. The government is giving assistance to the self employed with Universal Credit.

Many people who have always done it on their own all their lives won't have any interest in claiming benefits.

They will be looking for opportunities

 

[JEREMY HAWKE]

They're giving money to these sectors as they know they will be most badly effected and have been screwed over by paying extortionate business rates, when the government knows that the rates system should have been overhauled at least 5 years ago as it's no longer fit for purpose. The government is giving assistance to the self employed with Universal Credit.

Many people who have always done it on their own all their lives won't have any interest in claiming benefits.

They will be looking for opportunities

 

[Alison Moore]

Apparently there's a new HMRC Coronavirus helpline for the self employed: The Coronavirus helpline : 0300 456 3565

 

[Clinton]

Apparently there's a new HMRC Coronavirus helpline for the self employed: The Coronavirus helpline : 0300 456 3565

Er, that's the standard business support helpline for England and has been around for yonks.

That number is as much use as a chocolate teapot. Where did you see mention of this being a HMRC Coronavirus helpline?

There is lots of noise from government about what they're doing and a lot of "bigging up" of their efforts.

But, no, they're not splashing out as much as you think. And what they are making available is likely to be difficult or impossible to access for most small businesses.

A lot of the information being pumped out is bluster and PR and about maintaining confidence in markets.

In tough times, never believe your government. They're capable of more bullsh*t than all the dairy farms in the UK put together.

 

[Deleted member 59730]

I chose to do this decades ago .I subscribed to the code that I decided to go on my own and everything is my responsibility and my problem.

It's not my fault but it is my problem so I don't expect to be bailed out by anybody .
The fact of the matter is we are probably on our own but I'm alright with that .We are however all in the same boat

9 likes must be a record. When this is all over I'd like to buy you a drink to celebrate.

 

[Gordon - Commercial Finance]

They're capable of more bullsh*t than all the dairy farms in the UK put together.

Strange analogy...I see what you're getting at Clinton but there's not usually any bulls on a dairy farm.

 

[fisicx]

my wife is a registered childminder in our home Is she meant to have a contingency plan ?

Yes. What was your plan if she fell ill, her license revoked, parents found someone cheaper, you were no longer permitted to run a business from home, the insurance became to expensive? Every business should have something in place to deal with unforeseen circumstances.

The government isn’t going to bail out every business.

 

[Alison Moore]

Er, that's the standard business support helpline for England and has been around for yonks.
.

Saw it on Facebook specifically called 'The Coronavirus helpline' - should have known better.

 

[Alison Moore]

Er, that's the standard business support helpline for England and has been around for yonks.

I've just called it and they do have an specific option for support for COVID 19 though.