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Sunak announces new grant for self-employed workers


By Michael Griffiths

Chancellor, Rishi Sunak, has announced that self-employed workers will be able to apply for a taxable grant worth 80% of their average earnings over the last three years.

As part of an emergency package of measures for the UK’s self-employed workers announced in tonight’s Downing Street briefing, Sunak revealed the Government's new ‘self-employed income support scheme’ will be capped at £2,500 a month, initially lasting for three months.

The Chancellor confirmed the scheme will be open to anyone with trading profits up to £50,000, and to minimise fraud will only be open to those who are already self-employed, and have a self-assessment tax return for 2019


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Key points of Budget were ‘changes we didn’t see’

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Sunak announces new grant for self-employed workers

Chancellor, Rishi Sunak, has announced that self-employed workers will be able to apply for a taxable grant worth 80% of their average earnings over the last three years. As part of an emergency package of measures for the UK’s self-employed workers announced in tonight’s Downing Street briefing, Sunak revealed the Government's new ‘self-employed income support scheme’ will be capped at £2,500 a month, initially lasting for three months. The Chancellor confirmed the scheme will be open to anyone with trading profits up to £50,000, and to minimise fraud will only be open to those who are already self-employed, and have a self-assessment tax return for 2019

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Govt confirms Covid-19 scheme includes auto-enrolment pensions

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