I'm a director for my own limited company: what support is there for me?
When someone has been working on a self-employed basis (i.e. as a sole trader) and their business begins to develop, the next step can often be to incorporate and provide their services via a limited company. There is a lot of confusion over what support such people can access during the current coronavirus situation – the Self Employed Income Support Scheme, the Job Retention Scheme, both or neither?
We have written some new coronavirus guidance which explains the support available for limited company directors. It explains how the Job Retention Scheme works, interactions with the off payroll rules and IR35 and other support you might qualify for.