Proposed help for ‘Freelancers’ and ‘self-employed’

An amendment has been proposed to the Coronavirus Bill which, if accepted, would bring into being Statutory Self-Employment Pay.

This would mean that “freelancers” and “self-employed” would receive guaranteed earnings of:

a) 80% of their monthly net earnings, averaged of a period of the last three years; or,

b) £2,917 per month

 

whichever is lower.