MU Coronavirus Hardship Fund FAQs Frequently asked questions about the MU's Coronavirus Hardship Fund for MU members. Last updated: 07 January 2021 Why can I only receive £200? This is intended to be immediate, urgent relief for musicians facing financial hardship right now. The fund is £1 million and we want to try and help as many musicians in trouble as possible. We are working on ways to increase the fund in future. Musicians should also visit Help Musicians, PRS Members' Fund and the Royal Society of Musicians who all offer longer term support. In the mean time, we are still working very hard to pressure the Government to provide proper financial support for freelancers. How will I know if I’m successful? You will receive an email once we have manually checked your application. Please check your junk email folder. I’m a student, will I qualify? Unfortunately this fund is only for members currently paying the full MU membership subscription rate. However, you can find a number of alternative forms of support. What are the criteria? You must: Be currently paying the full MU membership subscription rate or joint MU / NEU membership subscription rate (either in full or by Direct Debit) Hold a UK bank account into which the grant can be paid Be suffering genuine hardship from loss of work due to the Coronavirus pandemic Have not already successfully received a payment from the MU Coronavirus Hardship Fund Will I have to pay tax on the grant I receive? Any hardship grants received will count as taxable income. HMRC will consider this as income that has come from self-employment – so if it’s a quantity you would usually be taxed on, you will be taxed.