Music Industry Debate
Full Debate: Read Full DebateDepartment: Department for Digital, Culture, Media & Sport
Lord Stevenson of Balmacara
Main Page: Lord Stevenson of Balmacara (Labour - Life peer)Department Debates - View all Lord Stevenson of Balmacara's debates with the Department for Digital, Culture, Media & Sport
(3 years, 7 months ago)
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Baroness Barran (Con)
There are no current plans that I am aware of to extend the self-employed scheme to that group, but the £95 million fund announced by Arts Council England is trying to maximise employment opportunities, including for those early in their careers.
Lord Stevenson of Balmacara (Lab) [V]
My Lords, while the total funding made available by Her Majesty’s Government is welcome, the Minister will be aware—we have raised this with her before—of the problem facing freelancers who operate under a limited company and take dividends as a source of income. They are unable to claim through the current SEISS. This issue also affects high-tech start-up entrepreneurs. It is clearly a problem that has not been properly addressed. Can the Minister take this up with the Treasury and press for support to be extended to this group?
Baroness Barran (Con)
I am happy to raise this issue as the noble Lord suggests, but one issue that we have struggled with is separating out and identifying dividend income in the kind of examples that he has given us for those getting dividend income from their investments.