Coronavirus: What Is The UK Government Doing To Help Self-Employed People?
26 Mars, 2020, 19:54 | Auteur: Auguste Feret
In his speech, the chancellor is expected to address issues surrounding the self-employed, many of whom are still unsure about the support they will receive if they decide against going to work during the coronavirus pandemic.
The Chancellor added: "95% of people who are majority self-employed will benefit from this scheme", which he claimed is "targeted at those who need it most".
In the daily news briefing on BBC One at 5pm, Sunak announced the government's intention to match the 80% salary support given to Pay As You Earn (PAYE) employees.
A new three-month "self-employed income support scheme" is being developed.
Any freelancer or contractor whose profits exceed £50,000 a year will be excluded as well as anyone who has newly become self-employed and did not fill in a self-assessment tax return for the past year.
Funds will be available no later than the beginning of June, the chancellor said, but in the meantime the self-employed will be able to access a business interruption loan and have full access to Universal Credit.
The government also announced tenants would be protected from eviction for at least three months. Now a self-employment income support scheme has been introduced by the Government, but what does this provide?
Self-employed people are a crucial part of the UK's workforce who've understandably been looking for reassurance and support during this national emergency.
New government help for self-employed workers under financial strain has been set out by chancellor Rishi Sunak.
'For many people that have seen their businesses disappear in the blink of an eye, things like statutory sick pay or universal credit just isn't enough, ' Dr Adam Marshall, director general of the British Chambers of Commerce told the BBC's Today Programme this morning.
To minimise fraud, only those who are already in self-employment and meet the above conditions will be eligible to apply.
"Regardless of one's political leaning, the government's determination to "do whatever it takes" to get the United Kingdom through COVID-19 is certainly admirable".
"Whilst understandable, this support might have come too late for some".
"Ensuring the clear communication of exactly who is eligible for this support, and how they can access it will be vital".
As the Department of Labor put it, "Nearly every state providing comments cited the COVID-19 virus impacts". In California alone, more than a million people have applied for unemployment benefits this month, Gov.
NY has more than 30,000 of the country's more than 65,000 coronavirus cases, and 285 of its residents have died ofthe virus. NY has ordered residents to stay at home to curb the spread of the virus and, hopefully, ease pressures on health systems.
Q: Will the bill fix the economy and fully address the pandemic? The plan also includes several Democratic oversight initiatives. But she warned Senate Republicans not to tank the bill over what she described as misplaced criticism over jobless benefits.
Vitol said refineries have so far cut about 7 million bpd, a figure the company expects to rise further as storage fills up. Products supplied, a proxy for US demand, dropped almost 10% to 19.4 million bpd, EIA data showed.
In order to help jog her memory, the actress chose to use her time in self-isolation to binge-watch the entire series. Friends star Courteney Cox has revealed that she doesn't remember being on the show. "I just started Season 1".
Anyone who is over the age of 18, fit and healthy and non-symptomatic can offer their time to the scheme. He added: "When we launched the appeal last night, we hoped to get 250,000 volunteers over a few days".