Jayne
Details of the schemes available under COVID-19 can be found on the ICB website as per link
https://www.bookkeepers.org.uk/Resources/COVID-19#SEIS
I think the scheme the note related to is the SEISS and under that scheme a director of your own company isn't covered, see snippet below from ICB website. If a director of your own company and paid through PAYE then for that part you look at the Job Retention scheme but as stated in the snippet below on this scheme this doesn't include dividends.
The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) who have lost income due to coronavirus (COVID-19).
If you’re a director of your own company and paid through PAYE you are not eligible for this grant but you may be able to get support using the Job Retention Scheme.
Coronavirus Job Retention Scheme and Furloughed workers Updated 26 March
Owner-Managed Companies
Many owner managed company director/shareholders pay small salaries and the balance of income as dividends. The scheme does not extend to dividends. Only the salary is relevant to the scheme. Such companies must have been paying a salary through a payroll to be eligible for a grant.
Kevin
Edited at 01 Apr 2020 03:56 PM GMT
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