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Help Musicians extend their financial hardship support fund until next year
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nme.comcoronavirus pandemic.The shutdown of the live music industry has hit the sector hard in 2020, with warnings of potential bankruptcies and long-term industry damage being repeatedly made.
The earliest predicted date for the return of full-capacity gigs was recently estimated as being April 2021.The UK government’s revised Self-Employed Income Support Scheme (SEISS), which is due to come into effect on November 1, is set to be capped for freelance workers such as musicians at just 20% of their average monthly trading profits, compared to 80% when the SEISS was first introduced.Help Musicians — who say they have already granted over £11 million to a growing number of musicians since the pandemic took hold — are now anticipating “an avalanche.
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