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07 January 2021

Newly Self-Employed Support Scheme Updates

The Minister for the Economy has announced an extension to the closing date of the Newly Self-Employed Support Scheme (NSESS) until Friday 5th February 2021.

The Minister for the Economy has also announced a change to the criteria of the scheme. The previous requirement that 50% of income in 2019/20 must have been from self-employment has been amended to allow those who commenced self-employment later in the financial year to qualify for support. If individuals can demonstrate that they moved from paid employment to self-employment during 2019/20, their income from the previous employment will not be considered. The remaining eligibility criteria has not changed.

For further information on the eligibility criteria and application details, please see: https://www.nibusinessinfo.co.uk/content/newly-self-employed-support-scheme



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