Financial support available for self-employed beauty therapists during coronavirus

Chancellor Rishi Sunak has outlined today (March 26) the Government’s Self-Employed Income Support Scheme to help self-employed beauty therapists (freelance, mobile and home-based) during the coronavirus pandemic

This news comes three days after all beauty workers were ordered to close their businesses in the Government’s latest coronavirus prevention measures, and it outlines a scheme similar to furloughed workers – covering 80% of average earnings for the self-employed over the past three years, up to £2,500 per month. 

“We know that many self-employed people are deeply worried about the support available to them,” said Sunak. “You have not been forgotten. We will not leave you behind. We all stand together.” 

He added: “Providing such unprecedented support for self-employed people has been difficult to do in practice, and the self-employed are a diverse population, with some people earning significant profits. So, I’ve taken steps to make this scheme deliverable and fair.”

What financial support is available to self-employed beauty therapists during coronavirus?

 

 

 

 

 

However, Sunak also warned that the Government will not be able to “protect every single job or protect every single business”. When asked about people not covered by the scheme, Sunak said the top-earning 5% have average incomes of £200,000, adding: “It is a very generous scheme and treats them with same parity as the employed”.   

He also said that the very newly self-employed, who are not covered by the scheme, should look at the increased welfare support available.

Check out our guide to the financial support available for beauty salons and spa operators during this time