|UPDATE ON SELF-EMPLOYED INCOME SUPPORT SCHEME (SEISS)|
Following the uproar after the SEISS extension plans revealed as part of the Winter Economy Plan, Rishi Sunak has also announced further support if you are self-employed and eligible to claim from the SEISS:
The 6-month mortgage holiday (initially 3) that was due to end on 31st October 2020 has been extended for a further 6 months, however this is mostly applicable if:
The deadline for deferral applications will also be extended to 31st January 2021.
During the mortgage holiday period, interest will still accrue on what borrowers owe, however your credit score and future borrowings should not be affected.
As the FCA have advised not to contact your mortgage lender directly and to wait for information, our colleagues over at Mortgages Made Simple are available to discuss any options or concerns you may have about your mortgage with details of which lenders can offer support. You can contact Mortgages Made Simple on 01925 357 060 or email firstname.lastname@example.org.
|GOVERNMENT LOAN SCHEMES|
|LOCAL AUTHORITY CASH GRANTS|
|TAX CUTS AND DEFERRED TAX PAYMENTS|
As a reminder, options to delay VAT and Self-assessment tax payments have also been announced as follows:
|THE LWA TEAM ARE HERE TO HELP|
Please be assured that myself and my team are working as normal, following safety guidelines and able to speak to clients over the phone or via Zoom meeting.
Please note, Government information is being updated and changed regularly, however we will continue to keep you informed with any additional guidance as soon as possible after they are issued.
If you have any specific concerns, please do not hesitate to contact a member of our team on 0161 905 1801 in Manchester, or 01925 830 830 in Warrington.
In the meantime, for all of LWA's previous updates on the Coronavirus Job Retention Scheme, please visit the dedicated Coronavirus Guidance section on our website.
We hope that you, your staff and your families are safe and well.
Les & the team
T : 0161 905 1801
F : 0161 610 1801
E : email@example.com