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80% for self-employed proposed

24 March 2020

A better deal for self-employed would give them 80% of average earnings.

An amendment to the Cornavirus Bill proposed yesterday (23 March) would give self-employed people 80% of their income. 

The amendment says the scheme introduced must make provision for payments to be made out of public funds to individuals who are

(a) self-employed, or

(b) freelancers.

The payments to be made are to be set so that the net monthly earnings of an individual do not fall below

(i) 80% of their monthly net earnings averaged over the past three years, or

(ii) £2,917

whichever is lower.

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