Hope for self-employed - emergency package

Updated: Apr 4

Ministers are working "around the clock" to drawn up an emergency package of measures to help Britain's army of self-employed workers, it was confirmed today.



Coronavirus help for self employed

On Friday, the government announced its financial package to protect workers. It was a huge intervention, but concentrated on the 85% of people in employment using the PAYE system.


There was no wage guarantee for the self employed. Since then, MPs on both sides of the House have raise the issue, and amendments were motioned to the Coronavirus bill yesterday in the house.


Today the treasury committee urged the chancellor to take more action, following an unprecedented response to thrive call for evidence.


HELP HAS BEEN PROMISED, the chancellor stressed how complex it was "The issue is one of finding a way to target help... rather than having something that provides a blanket case subsidies to 5 million people."


Statutory Self Employment Pay …… contained in bill that was passed through the house yesterday and is currently in the Lords today for approval …… if you can't work at all looks like government will pay 80% of net monthly earnings based on an average of your last three Tax Returns (to a maximum of £2917 per month) and will top you up to that figure if you can do some work.


Clearly work to be done but its on its way …… self employed can also log on to Universal Credit and put themselves through the application


#selfemployed #aid #HMRC #covid19 #support #universalcredit

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