A new Statute was passed yesterday and came into immediate effect in England. It forbids anyone leaving the place where they are living “without reasonable excuse”.
It goes on to say that a reasonable excuse includes “the need to move house where reasonably necessary”.
The new law also specifies restrictions on public gatherings, limiting these to no more than two people. An exception is to “facilitate a house move”.
Accommodation providers, such as hotels, also have to close during the emergency period, but can provide accommodation for certain people including those needing “accommodation while moving house”.
The provisions are in the Health Protection (Coronavirus, Restrictions) (England) Regulations 2020.
Separately, yesterday the Government also announced new measures to help the self-employed.
While these could be welcomed by some self-employed estate agents, it is unclear how they could help those who work as service companies – for example, as Local Property Experts with online agents, or those working through companies for ‘hub’ models.
For those who are able to benefit, the Government will pay self-employed people a taxable grant of 80% of average monthly profits over the last three years, up to £2,500 per month.
The deal would only be available to those with declared taxable income of up to £50,000.
There is a problem here for those Owner Directors who take, on paper, a small amount to cover basic NI provisions etc, and then the rest in dividends.
It seems that the advice that has been handed out as good tax planning all these years has backfired a little in these circumstances.
Nothing if you earn over £50k either – seems fair enough – the Government would assume those people will have some surplus to fallback on.
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It should b equal l with employed a employed consultant on 300000 would still get 2500 pcm
A consultant self employed on 52000 average over 3years would get zero.
Since 2015 the phrase
‘ its only fair’ has been constantly quoted for landlords having to pay tax on mort inter. Some landlords hav a tax rate due to this of 94%
They have paid thousands extra in tax and are unlikely to benefit frm this scheme
The same landlords with empty properties have to pay 100% council tax yet business rates you dont
They have shafted landlords yet again
Why are renters getting rent defirred when the government is handing out all this money?
A full time landlord has the difference bet rent and mort to live on. So how is the landlord to survive no benefits because of S24
No handouts
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