Directors of Small LTD companies who pay themselves with dividends to get 80%.

Rejected 21 signatures

What the petition asks

Include business owners of small limited companies who pay themselves with dividends in the 80% financial support scheme from the government. Many small business owners earn total income from a small salary, and mainly dividends. The current scheme excludes the main part of income from the scheme.

We are the same as self employed, merely accounting for income differently but excluded from support. We pay ourselves mostly with dividends, paying corporate tax on profits, personal tax on salaries, and personal tax on dividends received. The only option for us is to use the furlough scheme, which would only cover us for a fraction of our actual income. Most of the working population is supported with 80% of their monthly income, whereas we are going to be mostly left out. We are left out.

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

You may wish to sign these petitions calling for the same action.

Pay self employed workers a wage due to lack or earnings caused by COVID-19: Pay self employed workers a wage due to lack of earnings caused by COVID-19.

Provide COVID19 income support for the newly self-employed, without HMRC records: Provide COVID19 income support for the newly self-employed, without HMRC records

Remove the £50k earnings limit for self-employed to access government funding: Remove the £50k earnings limit for self-employed to access government funding

Coronavirus Support Package for Directors / Shareholders of small Limited Co's: Coronavirus Support Package for Directors / Shareholders of small Limited Co's.

Get HMRC to refund the Self-Employed their Jan 2020 1st Tax Payment on Account: Get HMRC to refund the Self-Employed their Jan 2020 1st Tax Payment on Account

Bring forward COVID-19 Self-employment grants to April 2020: Bring forward COVID-19 Self-employment grants to April 2020

You can find out about what Government support is available for people as a result of coronavirus (under the section on employment and financial support) here: https://www.gov.uk/coronavirus

You can find out more about coronavirus and how you can protect yourself and others here: https://www.nhs.uk/conditions/coronavirus-covid-19/

You can read NHS tips to help if you are worried about coronavirus here: https://www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips

You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.

Find out more and watch the Committee put questions suggested by petitioners to Government Ministers and the Deputy Chief Medical Officer: https://committees.parliament.uk/committee/326/petitions-committee/news/145767/committee-question-deputy-chief-medical-officer-and-ministers-on-coronavirus-response/

Read correspondence with Government Ministers asking further questions: https://committees.parliament.uk/committee/326/petitions-committee/publications/3/correspondence/
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Timeline

1 Apr 2020	Petition opened for signatures
15 Apr 2020	Rejected by the Petitions Committee

Key facts

Signatures 21

Status Rejected

Rejected 15 Apr 2020

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