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 within six working days of making an application.
The Chancellor indicated that the Self-Employment Income Support Scheme would be temporary when he announced it at the end of March, and that it could be extended if necessary. The Government is keeping this under review.
As the economy re-opens, the Government will consider how to adjust support in a way that ensures people can get back to work, protecting both the UK economy and livelihoods.