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Proposed amendment to Coronavirus Bill – ‘Statutory Self-Employment Pay’

In order to support freelancers and self-employed people through the outbreak of COVID-19, the House of Commons Public Bill Committee has put forward an amendment to the Coronavirus Bill.

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Self-employed people could be topped up to 80 percent of their monthly net earnings
Self-employed people could be topped up to 80 percent of their monthly net earnings

If the amendment, titled ‘Statutory Self-Employment Pay’, be accepted, it will mean that the government will ‘top up’ the earnings of self-employed people and freelancers up to 80 percent of their monthly net earnings, averaged over the previous three years, or £2,917 per month. The figure payable will be whichever is the lower of the two.

 

The first reading of the Coronavirus Bill took place in Parliament on March 19 and the second has taken place on March 23.

 

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