Government's coronavirus Self-Employed Income Support Scheme open for applications

Update: the UK Government’s Self-Employed Income Support Scheme to help self-employed beauty therapists (freelance, mobile and home-based) during the coronavirus pandemic is open for applications. 

The scheme, which sees the Government grant 80% of average earnings for the self-employed over the past three years, up to £2,500 per month, has opened weeks ahead of schedule, originally meant to be opening early June. The scheme matches the support given to furloughed employees

Chancellor Rishi Sunak posted on Twitter yesterday: "By noon today (May 13), we’d already received 110,000 claims for our Self-Employed Income Support Scheme. These grants will all be paid by the 25th." 

The value of the claims made so far is more than £340 million, said officials. The maximum payment a person can recieve will be £7,500, intended to cover March, April and May. Successful applications will recieve their grants six days after applying.

Sunak added: “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.” 

Apply for the Self-Employed Income Support Scheme

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.

The UK Government announced this week that it will also be extending its Coronavirus Job Retention Scheme until the end of October.