In a press conference yesterday (26 March), chancellor Rishi Sunak laid out new schemes to help people who are self-employed, such as travel agent homeworkers.
These include a Self Employed Income Support Scheme for self-employed people to access a taxable grant of 80% of their profits up to £2,500 a month.
It will be calculated on the person’s average monthly profit over the past three years and, alongside the Coronavirus Job Retention Scheme, is open for an initial three months.
Only people who earn the majority of their income through self-employment and who’s trading profits are up to £50,000 a year will be eligible.
