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Chancellor Announces Help For Self Employed With a Sting in The Tail

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In this Money Tips Podcast episode:

  1. Chancellor Rishi Sunak launches scheme to give relief to millions of self-employed
  2. Up to 80% of average taxable earnings over the last three years will be paid for three months, to a maximum of £2500 pm
  3. Grant to be paid as a lump sum by 1 June, backdated to March
  4. Benefit rules have been changed to allow self-employed people to apply for universal credit
  5. The self-employed can apply for the business interruption loans through the banks
  6. £30 billion of tax payments due in July will be deferred until January 2021
  7. Should saving for emergencies be enforced via salary deduction!
  8. The only way out of the rat race…
  9. 10 things you can do to thrive during Covid 19 isolation
  10. Learn about investing in property before buying anything!

UK Government Business Support Helpline (England)
Telephone: 0300 456 3565 Monday to Friday, 9am to 6pm

Can you afford to retire?

Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?

Quit the rat race and retire early

You can learn how to build a second income, acquire cash flow generating assets using leverage in order to quit the rat race and become financially free. This crisis has taught us that the only way to be truly financially free is to build your own source of passive and semi-passive income, rather than working on someone else’s passive income.

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If you’d like more information on how to quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community.

See more articles at www.moneytipsdaily.com

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

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