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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.
Government of india act 1909 in hindi. The furlough and self employed schemes have been a true lifeline for all those protected by them continuation certainty and increased flexibility will boost economic recovery and help us get. It comes after the furlough scheme which was due to end. Self employed workers could be given additional financial support for the duration of the new national lockdown michael gove has hinted.
The furlough scheme is to run until the end of march the uk government has confirmed this afternoon. Self employed people will be able to apply for the seiss from november 30 rather than the middle of december to help provide support faster during the second lockdown. However it has now been increased to 80 of trading profits up to a maximum of 7500.
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. 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. 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.
Furlough extension and huge self employed grants will leave one million brits out of the scheme and give cash to others who havent lost any money experts have warned. The government made several far reaching changes to its income support measures today as a national lockdown in england got underway.
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