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Self-employment Income Support Scheme

Treasury written question – answered on 19th May 2020.

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Photo of Chris Elmore Chris Elmore Opposition Whip (Commons), Shadow Minister (Scotland)

To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of extending the Self-Employment Income Support scheme beyond the single instalment covering three months and capped at £7,500.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

The UK has one of the most generous self-employed COVID-19 support schemes in the world.

The Self-Employment Income Support Scheme opened on 13 May, ahead of schedule, and it provides support worth up to £7,500 each to millions of individuals. Recipients will have the grants in their bank accounts by end of this month.

The Chancellor will keep the scheme under review.

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