COVID-19: Statutory self-employment pay scheme


COVID-19: Statutory self-employment pay scheme

The Coronavirus Bill includes provisions for a proposed scheme of statutory pay for the self-employed. Those measures have been changed: the chancellor announced the following new measures on 26 March 2020:

Support for the self employed (not available for Directors of OMBs:

The comparable Employee Job Retention scheme for employees will apply to furloughed workers, including furloughed Directors laid off during the crisis and has a cap of £2,500 per month.

Other available measures -

Self employed individuals are also urged to apply for increased availability of Universal Credit available to them.

Delay payments of tax due to HMRC

Contact your landlord / letting agent (rent payers) -

See further guidance for tenants

Contact your bank / mortgage lender (property owners) to discuss a payment holiday.

External links -

HMRC Guidance -

Claim the coronavirus covid 19 self-employment income support scheme grant

Chancellor gives support to millions of self employed individuals

Chancellor’s statement 26 March 2020

Coronavirus Bill 23 March 2020

Coronavirus (COVID-19): what you need to do

Save time. Save money.


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