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