Self-employed: Coronavirus

Department for Business, Energy and Industrial Strategy written question – answered on 23rd March 2020.

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Photo of Lord Truscott Lord Truscott Non-affiliated

To ask Her Majesty's Government what plans they have to provide financial support to self-employed people who have to self-quarantine as a result of COVID-19.

Photo of Lord Callanan Lord Callanan Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The Government is closely monitoring developments of COVID-19 in relation to potential economic impacts on UK businesses, individuals, and the wider economy.

As part of an unprecedented package of measures to protect millions of people’s jobs and incomes, the Chancellor has announced that Government will strengthen the safety net for self-employed people.

We will suspend the minimum income floor for everyone affected by the economic impacts of Coronavirus, which means every self-employed person can now access Universal Credit at a rate equivalent to Statutory Sick Pay for employees.

Those measures amount to nearly £7 billion of extra support through the welfare system to strengthen the safety net and protect people’s incomes.

In order to support the self-employed through the tax system, the next self-assessment payments will be deferred until the end of the year.

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