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Self employed cerb. The furlough scheme will be extended until the end of march chancellor rishi sunak has announced while the next three month self employed income support grant will now be worth up to 7500. Asked if self employment support would rise to 80 from around 40 the chancellor said self employed grants cover a much. It is calculated based on 80 of three months average trading profits paid out in a single instalment and capped at 7500.
This is in addition to billions of pounds in tax deferrals. Rishi sunaks flagship scheme to help the self employed through the pandemic has handed 13bn to workers who saw no loss of income while giving nothing to 500000 people left without work new. The next grant under the self employment income support scheme will be 80 of trading profits covering november to january for all parts of the uk.
The government made several far reaching changes to its income support measures today as a national lockdown in england got underway. For more info see martins video below on zero hours workers. Check how different employment conditions affect eligibility.
If youre self employed or a member of a partnership and have been adversely affected by coronavirus covid 19 find out if you can use this scheme to claim a grant. The tool is part of the new self employment income support scheme. Once you know whether you can put your employees on furlough and claim through the scheme.
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. This is up from 55.
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