Parliamentary question, Thursday 21 January 2021

Published:

Categories: News

On Thursday 21 January I had the opportunity to highlight the struggles faced by directors of limited companies in this coronavirus pandemic by asking the Leader of the House to schedule a debate on a Directors Income Support Scheme (DISS).

Since March 2020, limited company directors have remained without financial support to replace lost income. While the self-employed receive Self-Employed Income Support Scheme (SEISS) grants and employees receive income support through furlough, limited company directors have so far fallen through the gap between these two schemes.

A costed proposal for a Directors Income Support Scheme, or DISS, has been presented to the Chancellor and other ministers. Today I urged the Leader of the House to schedule a debate on government time on this issue.

You can view my question and the response here.