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Self employed income support grant 3. That will mean potentially thousands of self employed people claiming universal credit will lose hundreds of pounds a month from november 13. The coronavirus job retention scheme cjrs better known as the furlough scheme will be extended for another month following the announcement of a new national lockdown. To reflect the recent changes to the furlough scheme the uk wide self employment income support scheme seiss will be made more generous with self employed individuals receiving 80 of their.
The third seiss grant will cover up to 40 of average monthly profits from november 2020 to january 2021. This is in addition to billions of pounds in tax deferrals. We need a boost to universal credit and government should not abandon the self employed newcastlechronicle.
The self employed could face financial calamity if the government does not expand its support scheme further bringing them closer in line with the latest furlough changes it has been claimed. Furlough pay must never fall below the national minimum wage. Self employed workers will get two more seiss grants as part of the winter economy plan.
The seiss scheme has helped self employed people keep an income during the coronavirus pandemic which has disproportionately affected business owners. The scheme will now remain open until december in a more flexible form which would allow employers to bring furloughed employees back to work on a part time basis or furlough them full time. Between march and july the government paid for 80 of furloughed workers wages up to 2500 a month and it also covered employers national insurance ni and.
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