Assistance for the Self Employed

This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months. This may be extended if needed.

Who Can Apply

You can apply if you're a self-employed individual or a member of a partnership and you:

·         have submitted your Income Tax Self Assessment tax return for the tax year 2018-19

·         traded in the tax year 2019-20

·         are trading when you apply, or would be except for COVID-19

·         intend to continue to trade in the tax year 2020-21

·         have lost trading/partnership trading profits due to COVID-19

Your self-employed trading profits must also be less than £50,000 and more than half of your income come from self-employment. This is determined by at least one of the following conditions being true:

·         having trading profits/partnership trading profits in 2018-19 of less than £50,000 and these profits constitute more than half of your total taxable income

·         having average trading profits in 2016-17, 2017-18, and 2018-19 of less than £50,000 and these profits constitute more than half of your average taxable income in the same period

If you started trading between 2016-19, HMRC will only use those years for which you filed a Self-Assessment tax return.

If you have not submitted your Income Tax Self-Assessment tax return for the tax year 2018-19, you must do this by 23 April 2020.

HMRC will use data on 2018-19 returns already submitted to identify those eligible and will risk assess any late returns filed before the 23 April 2020 deadline in the usual way.

How Much You'll Get

You'll get a taxable grant which will be 80% of the average profits from the tax years (where applicable):

·         2016 to 2017

·         2017 to 2018

·         2018 to 2019

To work out the average HMRC will add together the total trading profit for the 3 tax years (where applicable) then divide by 3 (where applicable), and use this to calculate a monthly amount.

It will be up to a maximum of £2,500 per month for 3 months.

We'll pay the grant directly into your bank account, in one instalment.

How to Apply

You cannot apply for this scheme yet.

HMRC will contact you if you are eligible for the scheme and invite you to apply online.

Individuals do not need to contact HMRC now and doing so will only delay the urgent work being undertaken to introduce the scheme.

You will access this scheme only through GOV.UK. If someone texts, calls or emails claiming to be from HMRC, saying that you can claim financial help or are owed a tax refund, and asks you to click on a link or to give information such as your name, credit card or bank details, it is a scam.


Thursday 26th March 10pm

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Some of our more entrepreneurial clients, mobile therapists, colleges and salons are using technology to their advantage - maybe give it a go! The ABT Schemes support and encourage online treatments during this difficult time, and skype, zoom, facetime and other online channels are available. Many businesses are not fully operational, working in new ways, as are we can be done.....

  • Some of our clients will be offering services, such as counselling, fitness, yoga or nutrition online. 
  • Some will be offing accredited training courses or live demos online.
  • Some are saying they will do ‘at home' step by step tutorials with clients to follow. 
  • Some will be doing treatments on those they live with and Facebook live is a great tool to showcase
  • Some are doing tutorials on how to maintain hair extensions, remove gel nails or similar with their clients
  • Some are just keeping in touch, offering advice and support

If you need any support, message us through FB and we can try to assist wherever we can. We know and appreciate how difficult the next chapter of Covid-19 will be for us all....let's stand together and get through this. 

Remember - financial support is available so check 

https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses or watch this space for a link later today when we expect an announcement to support self employed workers.

Stay Safe

Thursday 26th March 10am 

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On 23 March the government, stepped up measures to prevent the spread of coronavirus and save lives. All businesses and premises outlined in the table below must now close.

Businesses and premises that must remain closed

Food and drink

Exceptions

Restaurants and public houses, wine bars or other drinking establishments

Food delivery and takeaway can remain operational and can be a new activity supported by the new permitted development right. This covers the provision of hot or cold food that has been prepared for consumers for collection or delivery to be consumed, reheated or cooked by consumers off the premises.

Cafés and canteens

Food delivery and takeaway can remain operational (and as above).

Cafés and canteens at hospitals, care homes or schools; prison and military canteens; services providing food or drink to the homeless.

Where there are no practical alternatives, other workplace canteens can remain open to provide food for their staff and/or provide a space for breaks. However, where possible, staff should be encouraged to bring their own food, and distributors should move to takeaway. Measures should be taken to minimise the number of people in the canteen at any one given time, for example by using a rota.

Nightclubs and bars in hotels or members' clubs

-

Retail

Exceptions

Hairdressers, barbers, beauty and nail salons, including piercing and tattoo parlours

-

Massage parlours

-

All retail with notable exceptions

·       Supermarkets and other food shops

 

·       Health shops

 

·       Medical services (such as dental surgeries, opticians and audiology clinics, physiotherapy clinics, chiropody and podiatry clinics, and other professional vocational medical services)

 

·       Pharmacies and chemists

 

·       Petrol stations

 

·       Bicycle shops

 

·       Hardware shops

 

·       Veterinary surgeries and pet shops

 

·       Corner shops and newsagents

 

·       Off-licences and licenced shops selling alcohol, including those within breweries

 

·       Laundrettes and dry cleaners

 

·       All Post Offices

 

·       Car rental services and car parks in towns, cities and near to takeaways may remain open, to facilitate essential activity (e.g. where they are supporting hospitals, supermarkets or takeaways)

 

·       High street banks, building societies, short-term loan providers, credit unions and cash points

 

·       Storage and distribution facilties, including delivery drop off points

 

·       Public toilets

Outdoor and indoor markets, shopping centres

Market stalls which offer essential retail, such as grocery and food. Shopping centres should stay open if they contain units which are not required to close.

Auction houses

-

Car showrooms

Car garages and repair shops

Hotels

Exceptions

Hotels, hostels, B&Bs, campsites and boarding houses for commercial use

Where people live in these as interim abodes whilst their primary residence is unavailable they may continue to do so.

Key workers, permanent residents, and non-UK residents who are unable to travel to their country of residence during this period can continue to stay in hotels or similar where required.

People who are unable to move into a new home due to the current restrictions can also stay at hotels.

Where hotels, hostels, and B&Bs are providing rooms to support homeless and other vulnerable people such as those who cannot safely stay in their home, through arrangements with local authorities and other public bodies, they may remain open.

Hotels are allowed to host blood donation sessions.

Caravan parks/sites for commercial uses

Where people live permanently in caravan parks or are staying in caravan parks as interim abodes where their primary residence is not available, they may continue to do so.

Non-residential institutions

Exceptions

Libraries

-

Community centres, youth centres and similar

For the purpose of hosting essential voluntary or public services, such as food banks, homeless services, and blood donation sessions.

We will do everything to support vulnerable people who are without a network of friends and families.

Places of worship

Funerals, where the congregation is immediate family (with provision for a carer, if required) or a friend - in the case that no family members are attending. A distance of 2 metres is to be maintained between every household group, as per Public Health England guidelines.

A minister of religion, to go to their place of worship, including to broadcast an act of worship to people outside the place of worship, whether over the internet or otherwise.

For the purpose of hosting essential voluntary or public service, such as food banks, homeless services, and blood donation sessions.

Cinemas, theatres and concert halls

Live streaming of a performance by a small group could be permissible where Public Health England guidelines are observed. 

Blood donation sessions would also be allowed to be held at these venues.

Assembly and leisure

Exceptions

Museums and galleries

-

Bingo halls, casinos and betting shops

-

Spas

-

Indoor skating rinks

-

Fitness studios, gyms, swimming pools or other indoor leisure centres

Leisure centres may stay open for blood donation 

 

These premises and other venues must close as they involve prolonged close social contact, which increases the chances of infection spreading.

Length of closure


We are asking the businesses and premises and other venues outlined above not to open for trade from close of trade 23 March 2020.

The first point of review for these measures will be in three weeks. This review will consider their necessity and effectiveness in light of changing circumstances.

Compliance

Everyone is instructed to comply with the rules issued by the government in relation to coronavirus, in order to protect both themselves and others.

As of 2pm on 21 March 2020, closures on the original list from 20 March are now enforceable by law in England and Wales due to the threat to public health. The government will extend the law and enforcement powers to include the new list of premises for closure. Further measures on enforcement could be taken following the passage of the Coronavirus Bill through parliament.

A business operating in contravention of the Health Protection (Coronavirus, Business Closures) Regulations 2020 will be committing an offence. As agreed with the devolved administrations, these measures will be extended to Scotland and Northern Ireland by Ministerial Direction once the Coronavirus Bill is in force.

Environmental Health and Trading Standards officers will monitor compliance with these regulations, with police support provided if appropriate. Businesses and premises that breach them will be subject to prohibition notices, and potentially unlimited fines.


Financial support


Her Majesty's Treasury also announced on 20 March 2020 a comprehensive series of measures supporting wages, cash-flow for businesses, and the welfare system.

 

Business support

In England, under the Retail, Hospitality and Leisure Grant (RHLG) announced on 16 March 2020, businesses and premises in the retail, hospitality and leisure sectors will be eligible for cash grants of up to £25,000 per property.

Eligible businesses in these sectors with a property that has a rateable value of up to £15,000 will receive a grant of £10,000. Eligible businesses and premises in these sectors with a property that has a rateable value of between £15,001 and £51,000 will receive a grant of £25,000. Businesses with a rateable value of over £51,000 are not included in this scheme.

For more information please visit the support for businesses page.


Business rates

In England, as announced on 16 March 2020, the government will provide a business rates holiday for businesses and premises in the retail, hospitality and/or leisure sector. This includes the businesses and premises in scope for closure listed above. This will apply automatically to your next business rates bill in April 2020.

Tuesday 24th March 8pm 

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Helpful links

Remember – Only follow official advise!  A few handy links below:

Boris Johnson – UK PM Statement

https://www.gov.uk/government/speeches/pm-statement-on-coronavirus-22-march-2020

Our insurance brokers update page:

https://www.balens.co.uk/Covid

Government Advice:

https://www.gov.uk/coronavirus

Government advice for businesses:
www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses


Tuesday 24th March 11.45am

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ABT have been monitoring the situation hourly, and this evening (23rd March 2020), the UK's PM Boris Johnson has ramped up the rules regarding Coronavirus that require everyone to avoid unnecessary contact.

Below are some major points:

•             From this evening, people in Britain will be allowed to leave their homes for only “very limited purposes” - shopping for basic necessities being a primary example.

•             People are warned not to meet friends or family members who they do not live with

•             Shopping is only permitted for essentials like food and medicine

•             All shops selling non-essential goods have been ordered to close

•             All gatherings of more than two people in public are banned, other than those you live with.

•             All social events are banned

•             Restrictions “under constant review” and will be checked again in three weeks.

 

We are all significantly affected, as is the whole country by these new guidelines. We stand together with the UK, Ireland, Europe and the world in fighting this battle and succeeding. Everyone has an important part to play in social distancing, it will save lives.

We have been testing systems throughout the last few days, and the ABT offices will, from today, work fully remotely, and remain open through this journey to support our members. We will be contacting members with updates, news, features, articles, training information and hopefully much more great content over the next few weeks. Check your inbox and keep up to date, learn a new skill online, accredit some courses....we are open to any of your suggestions as well!  This is as new to us as it is to you, so keep in touch! 

If you have any queries regarding delivery of our services at the current time please do not hesitate to contact us on 01789 773573 or live chat at www.abtinsurance.co.uk or email info@abtinsurance.co.uk 

We appreciate your business and you are a very valued customer, so please stay safe and keep well. please visit www.gov.uk for the latest guidelines and information on COVID-19 

Monday 23rd March 10.30pm 

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3 months Free Membership and Insurance
 
Whether you have made the applaudable decision to halt trading for the foreseeable future, or you are still operating, ABT are here to support you. We are still open for business and contactable via our Live Chat, via the website at
www.abtinsurance.co.uk or by telephone on 01789 773573.
 
Once this pandemic is over and businesses are able to trade as normal, ABT will continue to support our current loyal members by giving you three months FREE membership and insurance. By providing three months free insurance cover to you, we hope it will assist some way in helping you to re-establish your business going forward once this is all over. This offer will be available to all members so you don't lose out on any of your ABT membership time. We will apply this code at any point your membership is due for renewal until September 2021.
 
We appreciate your business and you are a very valued customer, so please stay safe and keep well, and visit
www.gov.uk for the latest guidelines and information on COVID-19

Monday 23rd March 4.30pm

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At ABT, we have both a responsibility to client safety, and to our clients.  We are moving as fast as we can, keeping up with an ever changing landscape of advice.  As we currently understand, the message is one to be safe, sensible and limit your chances of exposure – we all have a part to play in this journey.

Obviously, the wider safety of the general public is extremely important and we appreciate that many of our members are closing temporarily, a response we respect and applaud.  Some of our members are taking the approach to continue doing treatments from their range, this is also acceptable from an insurance perspective, as long as combined with good hygiene, necessary precautions and whilst acting on the Government advice which should be reviewed regularly [at least daily at www.gov.uk].  Many of our clients are self-employed, and as responsible business owners and therapists, until government offers guidance to the contrary, all ABT members should be making decisions about whether their treatments can be conducted in a safe and hygienic way. Therefore, if you do decide to keep practicing during the COVID-19 pandemic we urge you to follow sensible precautions to keep yourself and others well. We have been advised by our brokers at Balens Ltd that your insurance cover for performing treatments is absolutely fine and unaffected by the crisis as long as you follow the governments guidance on a daily basis. 

Health, beauty and wellbeing professionals have an important part in this journey in supporting their clients, vulnerable or otherwise.  Please just remember to follow Government advice and keep up to date as often as you can.

Some of the ABT packages, larger salon Contents options do allow clients the option to add business interruption cover on to the standard policy. Whether you have chosen this option or not, we are writing to clarify that there will be no cover payable by the insurer for interruption or interference to your profits relating to COVID-19. The policy does cover loss of gross profit relating to specified diseases noted in the policy wording, however, COVID-19 is not one such disease that is listed. 

We are working as quickly as possible with our accredited colleges to enable them to continue to offer courses via the internet to further enable those conducting social distancing to trade online.  Details of this have been sent separately.

There is currently no issue with your insurance for members performing treatments, sessions, fitness or similar over skype, zoom or similar.  Again, sensible social distancing is encouraged, so where possible, use the IT available to you.

As with all insurance based products, the policy wording and full terms are all found online and this message only acts as a quick summary to assist with some of the more frequently asked questions.  ABT are open for business, we ask all clients to reference form unnecessary communication so we can better assist with serious concerns as our phones are incredibly busy… so perhaps try to live chat us.

Everyone has a valuable part to play in this journey, and each individual should be making their own decisions. If any salon or college is uncomfortable, we absolutely encourage them not to perform courses or treatments but likewise, where sensible and safe, your insurance with ABT is unaffected. See more updates on www.beautyandhairdressing.co.uk

We will update again tomorrow. 

10am on the 23rd March-20

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Here at ABT, we are getting a lot of question about ‘Can I still perform treatments?'
Our answer is a simple one;

 
As responsible business owners and therapists, until government offers guidance to the contrary, all ABT members should be making decisions about whether their treatments can be conducted in a safe and hygienic way. Therefore, if you do decide to keep practicing during the COVID-19 pandemic we urge you not to get caught up in media scaremongering but to follow sensible precautions to keep yourself and others well. We have been advised by our brokers at Balens Ltd that your insurance cover for performing treatments is absolutely fine and unaffected by the crisis. As long as you follow the governments guidance on a daily basis. 

5pm Friday 20th March 2020

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Maintaining Service - Emergency Measures

You'll have heard a lot about coronavirus recently and the effect it's having across the world so I wanted to take this opportunity to reassure you that it is business as usual at ABT UK and Ireland during the current COVID-19 crisis.  

As you are no doubt aware, this is an ever-changing situation without business precedence and the health and wellbeing of our staff and customers are our top priority, however ABT are very well prepared for this crisis. 

We would like to reassure you that we have robust business continuity plans in place to protect the fulfilment of our services to our customers. We are open for business and will remain on live chat, phone, email and web throughout this crisis to work with our valued customers.

At ABT, we know how important it is to work together during these difficult times so we are here to support you and we would like to let you know we have made some short term changes to help... please stay tuned as we bring you the latest on these topics!


It's important you keep continual cover at this moment in time

We are offering 12 months of Insurance Cover for the Price of 10 months

We have received numerous requests regarding distance learning.

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We are still very much open for business so if you have any queries regarding delivery of our services at the current time please do not hesitate to contact us on 01789 773573 or live chat at www.abtinsurance.co.uk or email info@abtinsurance.co.uk

We appreciate your business and you are a very valued customer, so please stay safe and keep well, and visit www.gov.uk for the latest guidelines and information on COVID-19.