If you're a low income worker and Test and Protect tell you to self-isolate you may be able to get a £500 Self Isolation Support Grant.
If you're employed, you'll pay tax on the payment if you go over your tax-free personal allowance. Your tax code will change to collect the tax. You'll not pay National Insurance contributions on the payment.
If you're self-employed you must report the payment on your Self Assessment tax return if you need to file one.
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