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The self-employed can apply for a new round of grants to cover lost income, but nearly 3 million people excluded from aid are still unable to claim.
Under the Self-Employed Income Support Scheme (SEISS), eligible workers can currently apply for a grant to cover 40 percent of their median income from last year to cover a three-month period, with a cap from £ 3,750.
A new grant at the will open for applications beginning in late November. It will cover 80 percent of business profits for that month, during which England is on lockdown.
That’s the same percentage of your income that PAYE employees are paid under the leave scheme that has been extended through November.
The eligibility criteria will be the same as for previous SEISS grants, meaning that up to 2.9 million people are excluded from government support.
The self-employed, new freelancers, contractors who were in PAYE and company directors are among those who have not been able to access aid since the pandemic began, despite the fact that many have seen their income have been depleted.
Chancellor Rishi Sunak had given cause for hope Monday morning, saying: “For the self-employed, in addition to our broad and generous set of support that we have already implemented … we have announced extensions to our -Employee Scholarships.
“And what we’ve typically done during this crisis is adjust the value of subsidies, as we have adjusted the value of support for those who are employed.”
Speaking on BBC Radio 4’s Today show, he said: “Considering that these are slightly different shows, and the freelance grants are for three months at a time rather than leave per month at a time.
“But generally speaking, we have adjusted those things and you can expect us to do the same again here, and the Prime Minister will have details on that.”
When asked about the parity between support for freelancers and employees, he added: “They are slightly different because grants for freelancers cover a much longer period of time … 40 percent will increase to reflect at least one of those months of support. be on a higher level. “
“If you ask me if there are people who are going to lose their jobs in the last few months as a result of what is happening, the answer is obviously yes.
“We know that close to three-quarters of a million people have already tragically lost their jobs. And sadly, many more will, and that will happen as a result of the restrictions we are imposing.”
It is unclear whether the prime minister will give any support to some 2.9 million workers who have so far been excluded from both the SEISS and the leave schemes.
