Help for the self-employed

Written by Jennifer Ormond
24 March, 2020

Coronavirus Help • April 6, 2020

Help for the self-employed

Written by Jennifer Ormond

Whilst it is not within our remit to advise on self-employed people rather than employees, we have been asked about sick pay for self-employed. We can now report that:-

The House of Commons Public Bill Committee has proposed an amendment to the Coronavirus Bill, (Note that this is still only a Bill and has not been enacted yet as law) entitled Statutory Self-Employment Pay. If the Bill becomes law and the proposed amendment is accepted, then regulations will enable “freelancers” (which are not defined) and “self-employed people” will receive guaranteed earnings of:-

(a) 80% of their monthly net earnings, averaged over the last three years; or (b) £2,917 per month whichever is the lower.

FINGERS CROSSED FOR ALL YOU SELF-EMPLOYED WORKERS!

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