Chancellor of the Exchequer, Rishi Sunak has this evening announced support for those who are self-employed and freelance workers across the UK.
The measures include creating a self-employed income support scheme, which is a taxable payment for up to 80% of average earnings over the last three years. It was announced that this scheme will come into force from June.
In response, Mayor of the Sheffield City Region, Dan Jarvis MP, said: “I welcome the announcement by the Chancellor of the Exchequer that the Government will provide the same level of support for self-employed workers as for furloughed employees. This news will be greeted with relief by families across South Yorkshire. However, a three-month wait will be too long for many and I believe that the support for self-employed workers should be introduced as a matter of urgency. I will continue to support SMEs and self-employed workers to ensure they can access support in a timely and equitable manner.”
“Universal Credit claimants have to wait five weeks for their first payment and the offer of an advanced loan will not be enough for those already struggling. If the government wants people to adhere to the rules – that we all agree must be followed – then it must put the economic conditions in place that will allow them to do so.
“We now urgently need to see the detail of this scheme and the affect it will have on our self-employed workers and their families across South Yorkshire.”