PM announces fresh help for self-employed during second lockdown

 PM announces fresh help for self-employed during second lockdown

Self-employed workers will be able to claim government support worth 80% of trading profits as England prepares to enter a new lockdown, Boris Johnson has announced.

Ahead of the new national measures coming into force on Thursday, the prime minister used a House of Commons statement to warn of an “existential threat” to the NHS due to the “remorseless advance” of the second wave of coronavirus infections.

“It’s now clear we must do more together,” he told MPs.

From Thursday, pubs, bars, restaurants and non-essential shops will have to close in England and people will be told to stay at home – apart from when attending school, college, university, work or go food shopping.

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‘I make no apology for trying to avoid lockdown’

In order to reflect the extension of the furlough scheme for employed workers through November, Mr Johnson announced support for the self-employed will also be boosted ahead of the new month-long lockdown.

Under the latest instalment of the UK-wide Self-Employment Income Support Scheme (SEISS), self-employed workers will receive 80% of their average trading profits for November.

The grants will also be paid faster than previously planned, with the claims window being brought forward from 14 December to 30 November.

In a Twitter post soon after the prime minister’s announcement, Chancellor Rishi Sunak said: “We’re increasing the support to the self-employed from 40% of trading profits to 80% for November.

“SEISS is calculated over 3 months so this increases the total grant from 40% to 55% of trading profits for November to January and the max grant increases to £5,160.”

The government is also acting to allow more businesses to benefit from government loan schemes by extending the deadlines for applications.

The prime minister has faced backlash from within his own Conservative Party over the decision to announce a new England-wide lockdown.

Some senior Tory backbenchers have declared they will vote against the lockdown in a House of Commons vote on Wednesday ahead of the lockdown’s proposed start date of Thursday.


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Redak staff

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