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Goverment help for small rental houses |
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lickweed 
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Joined: 02 May 2009 Location: leyton Status: Offline Points: 2489 |
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 Topic: Goverment help for small rental housesPosted: 21 October 2020 at 1:47pm |
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Hi
Im self employed and run small audio rental company. No work since march , trying to put food on the table by selling hire stock. Are there any gov grants for small rental houses? |
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http://www.liquidsound.co.uk/
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studio45
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Joined: 16 October 2007 Location: United Kingdom Status: Offline Points: 3864 |
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Posted: 21 October 2020 at 2:05pm |
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There were the two SEISS grants, and we've been vaguely promised a third, for 20% of average profits.
I won't look a gift horse in the mouth, but my landlord and utility companies have not offered me 80% off. Are you signed up to the HMRC self employment email list, grant availability should be announced on there first...
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Studio45 - Repairs & Building Commotion Soundsystem -Mobile PA
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madboffin
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Joined: 03 July 2009 Location: Milton Keynes Status: Offline Points: 1538 |
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Posted: 21 October 2020 at 2:18pm |
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You should have received the first two SEISS payments already, but if you didn't apply for them it's too late now.
The Government seems to have decided that working in the entertainment business isn't a real job, and are content to let it all fall apart. They don't realise that the same companies and technicians that support the hated Luvvies also do all the corporate events... There is also a drive to get rid of the concept of companies in the industry using freelancers instead of treating them as PAYE casual employees, and Coronavirus has provided the perfect opportuninty to force this change. |
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kedwardsleisure
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Joined: 20 January 2009 Location: Staffordshire Status: Offline Points: 4947 |
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Posted: 21 October 2020 at 2:55pm |
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if you are registered for business rates and small business rate relief, the local councils give out grants, at least ours does. The grant is not back dateable if you were eligible for rates relief but didn't apply for it. This is seperate from the SEIS scheme.
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Kevin
North Staffordshire |
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mk2_ginger_biscuit69
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Joined: 03 November 2008 Location: Brighton Status: Offline Points: 7801 |
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Posted: 21 October 2020 at 5:38pm |
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Self employed you get the SEISS (screwed if you didn't declare what you earned), but that's about all. I got a different job (removals  ) from late May when it was clear my summer was dead, so have kept a fairly steady income flowing. Most my self employed event friends i know had jobs in random industries by June. As a small company, it depends how 'official' it is. As above said, if you're a registered company with premises etc, you could have got business loans, bounce back, grants etc etc. If its a really small to the point of being fairly unrecognised by HMRC, its unlikely to get anything. The schemes are largely based upon past contributions to the treasury. |
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''Remember that the object of a subwoofer is to enhance the output of your main speakers, not overpower it''
''Dubstep - an elongated electronic fart'' |
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woody2
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Joined: 04 March 2010 Status: Offline Points: 1726 |
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Posted: 21 October 2020 at 6:44pm |
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All you needed was 3 years of accounts....... |
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APW
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Joined: 13 November 2012 Location: Kent, UK Status: Offline Points: 1174 |
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Posted: 21 October 2020 at 7:07pm |
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Wrong... you needed a Self Assessment tax return for the 2018/19 tax year, and were trading in the 2019/20 tax year and you intend to continue trading in this tax year (2020/21). Edited by APW - 21 October 2020 at 7:09pm |
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woody2
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Joined: 04 March 2010 Status: Offline Points: 1726 |
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Posted: 21 October 2020 at 7:49pm |
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aka 3 years of accounts  |
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mk2_ginger_biscuit69
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Joined: 03 November 2008 Location: Brighton Status: Offline Points: 7801 |
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Posted: 21 October 2020 at 8:17pm |
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not really 3years of accounts. I had only submitted 18/19, 19/20 i did a few weeks ago, and this year is going to be pretty dire. At the point i got both Seiss payments, i had submitted one return! |
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''Remember that the object of a subwoofer is to enhance the output of your main speakers, not overpower it''
''Dubstep - an elongated electronic fart'' |
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wires
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Joined: 21 May 2009 Status: Offline Points: 1365 |
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Posted: 21 October 2020 at 8:33pm |
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Surely you’ve been self employed longer than a year? You’ve posted loads on here doing your own gigs and freelancing.
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woody2
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Posted: 21 October 2020 at 9:24pm |
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"If you have traded for all 3 years we will first look at your 2018 to 2019 Self Assessment tax return."  |
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mk2_ginger_biscuit69
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Joined: 03 November 2008 Location: Brighton Status: Offline Points: 7801 |
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Posted: 21 October 2020 at 9:32pm |
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was PAYE for venues a lot of the time when younger, doing other stuff as & when i could. Later at the recession I had 'normal' jobs to pay the bills, with the odd freelance (didn't really do anything for a few years when industrial in Aberdeen). Only a few (~3?) years ago I went properly fulltime self employed, working largely for a company doing hire/install, and lots of freelancing too. Even then a lot of work i've done has been event logistics & production based rather than tech. Far too volatile a market to depend on making a proper living, unless you're established in the right places, which im not. |
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''Remember that the object of a subwoofer is to enhance the output of your main speakers, not overpower it''
''Dubstep - an elongated electronic fart'' |
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madboffin wrote: