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United Kingdom · Question · Written question

UIN 38406

Small Businesses: Coronavirus

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

21 April 2020

Last action

1 May 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

1 May 2020

Summary

To ask the Chancellor of the Exchequer, what steps the Government is taking to support small business owners that are unable to trade during the covid-19 outbreak and depend on dividends on their shares as their source of income.

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Timeline

  1. 21 April 2020

    Written question

    To ask the Chancellor of the Exchequer, what steps the Government is taking to support small business owners that are unable to trade during the covid-19 outbreak and depend on dividends on their shares as their source of income.

    Source: Commons

  2. 1 May 2020

    Answer

    Income from dividends is a return on investment in the company, rather than wages, and is not eligible for support through the Self-Employment Income Support Scheme or Coronavirus Job Retention Scheme (CJRS). Under current reporting mechanisms it is not p...

    Source: Written answer

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