growstuff
Dinahmo Some of us self-employed can't even claim any benefits, despite paying income tax and NICs - nothing, nada, zilch. Not all the 3 million are in that situation, but most are.
It's not just people not self-employed before 2019, but you have to have earned more from self-employment than from other sources for three years. So if it's taken time for the business to build and have worked as an employee or have a pension at the same time, you get nothing.
Yes I know, I have several clients who are caught by that. Those that are usually have some other source of income, such as the state pension or rental income. Some of them have started to set up their businesses before they actually retire so that they continue after they cease employment. However, they will have received tax relief on the cost of their equipment which might have resulted in a tax refund (if properly planned)
If I'd had a glass ball and could have seen into the future, I might have changed my mind about the amount of tax relief I was claiming for some clients and claimed a smaller amount over a longer period.