Self Employed Furlough Scheme Extension Martin Lewis, Vuyjyijwutunzm
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On sunday 1 november furlough as we know it disappears to be replaced with the jobs support scheme and martin lewis has just explained exactly what it means if you need help.
Government unemployment insurance tends to quizlet. Big cut in universal credit for many self employed coming on 13 november contact your mp if hit 27 october 2020 mse founder martin lewis has warned of the sinkhole waiting for many self employed people in november when the planned return of the universal credit minimum income floor rule could slash payments as theyll. The uk governments job retention scheme is where employees with no. Normally we dont cover business finance but martin wanted to here as hed had an inkling you could effectively turn this into a state support scheme for those whove missed out on the official ones ie newly self employed self employed with 50000 profits limited company directors to an extent and more.
Mse founder martin lewis has warned of the sinkhole waiting for many self employed people in. Martin lewis explains how revised furlough and self employment schemes will work from this weekend. Employees with no work or who cant work get 80 percent of their salary.
Martin lewis blocked from asking government questions over furlough scheme and self employed even if your employers sharing the cost youre still going to get a minimum 80 of pay while on. Under the third self employment. Opening his show martin said.
Today furlough has been extended and self employed grants have been increased. The coronavirus job support scheme will be made more generous and grants for the self employed will be doubled. Plus there are new mortgage holidays changes to universal credit and more.
The job support scheme is due to replace the furlough scheme after it ends on saturday 31 october and will run for six months.
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