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Will furlough get extended past october. If you are self employed therefore taxed through self assessment and not paye you wont be eligible for furlough or the job support scheme but you may be eligible for the self employment income support scheme grants or be able to claim benefits. The government has announced a five month extension of the furlough scheme while the self employed will be eligible for a third grant worth up to 7500. The government made several far reaching changes to its income support measures today as a national lockdown in england got underway.
Today 5 november chancellor rishi sunak announced that furloughed employees will receive up to 80 of their average earnings worth up to 2500 a month until the end of march 2021. The self employment income support scheme claim service is now open. The extension to the furlough scheme for the self employed is much needed and fantastic news for cabbies across the country.
The treasury said 137bn of support for self employed people had been provided since the onset of the pandemic in march on top of more than 40bn for employees through the furlough scheme. For more info see martins video below on zero hours workers. The original furlough scheme was due to end in october but it was extended to cover the second lockdown period in england through to 2 december.
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. 28 july 2020 information about what to do if you were not eligible for the grant or have been overpaid has been added. The self employment income support scheme grant extension provides critical support to the self employed in the form of two grants each available for three month periods covering november 2020 to.
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.
Coronavirus Self Employment Income Support Scheme What You Need To Know Sage Advice United Kingdom Will Furlough Get Extended Past October
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