UK government unveils plan to support self-employed

Published on Mar 26, 2020

UK government unveils plan to support self-employed

Those facing financial difficulties will be able to have 80% of their monthly wages covered by the government, capped at £2,500 per month.

The UK government has unveiled long-awaited plans to help support self-employed people amid the coronavirus crisis.

Chancellor Rishi Sunak said those facing financial difficulties will be able to apply for a grant to have 80% of their monthly wages covered by the government, capped at £2,500 per month.

This will be calculated using average monthly profits over the last three financial years, and will last an initial three months.

The money will arrive as a lump sum but not until the start of June.

Read full article at: ScreenDaily