Saudi Press

Saudi Arabia and the world
Friday, Aug 21, 2026

UK government unveils aid for self-employed

UK government unveils aid for self-employed

Self-employed workers can apply for a grant worth 80% of their average monthly profits to help them cope with the financial impact of coronavirus, the chancellor has announced.

The money - up to a maximum of £2,500 a month - will be paid in a single lump sum, but will not begin to arrive until the start of June at the earliest.

Rishi Sunak told the self-employed: "You have not been forgotten."

Wage subsidies of 80% for salaried employees were announced last week.

Shortly after the chancellor spoke, the number of people in the UK who have died with Covid-19 - the disease caused by coronavirus - jumped by more than 100 in a day for the first time.

The total now stands at 578.

The government had faced criticism for failing to provide support for self-employed and freelance workers in its earlier package of economic measures.

Mr Sunak said the steps taken so far were "already making a difference" but it was right to go further "in the economic fight against the coronavirus".

  • Self-employed people will be able to apply for a grant worth 80% of their average monthly profits over the last three years, up to £2,500 a month.

  • At least half their income needs to have come from self-employment as registered on the 2018-19 tax return filed in January - anyone who missed the filing deadline has four weeks from now to get it done and still qualify.

  • The scheme is open to those who earn under £50,000 a year - up to 3.8 million of the 5 million people registered as self-employed.

  • Unlike the employee scheme, the self-employed can continue to work as they receive support.

  • The money, backdated to March, will arrive directly into people's banks accounts from HMRC, but not until June.

  • The grants will be taxable, and will need to be declared on tax returns by January 2022.

  • Company owners who pay themselves a dividend are not covered.



The scheme does not cover people who only became self-employed very recently - the chancellor said they would have to look to the benefits system for support.

Coming up with a workable scheme had been "difficult", he continued, because the self-employed were a "diverse population" and some of them earned a great deal.

But in all, the "fair, targeted and deliverable" plan would help 95% of people who earn most of their income via self-employment.

"We have not left you behind, we all stand together," he added.

Communities Secretary Robert Jenrick later told the BBC's Question Time that even where self-employed workers were unable to provide full financial records going back three years, the government was urging people to "give us what they've got and we will work through it with HMRC to see if there's a way to support you".

The Federation of Small Business, which represents many self-employed workers, welcomed the intervention, saying: "Although the deal is not perfect, the government has moved a very long way today."

But Labour's shadow chancellor John McDonnell said he was worried the money would come "too late for millions".

"People need support in the coming days and fortnight... there is a real risk that without support until June the self-employed will feel they have to keep working, putting their own and others' health at risk."

Labour leader, Jeremy Corbyn, said the government had been too slow to recognise the severity of the crisis.

In the UK, more than 11,600 people have now tested positive for coronavirus - although the actual number of cases is likely to be far higher.

The peak of demand for intensive care was expected to come in two to three weeks, but speaking alongside the chancellor at Thursday's briefing, England's deputy chief medical officer, Dr Jenny Harries, refused to be drawn on any predictions.

She said the UK was "only just starting to see a bite in the interventions - the social distancing - that have been put into place", but things appeared to be "starting to move in the right direction".

The government has imposed strict controls on everyday life designed to slow the spread of the disease.


Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Cristiano Ronaldo and Georgina Rodríguez Sign Prenup Protecting Their Separate Fortunes
Google Launches Pixel 11 With Gemini AI at the Center of Its Hardware Strategy
Turkish Parliament Passes Landmark Bill Granting Conditional Amnesty to Disarmed PKK Members
Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Trump’s Top General Seeks an Exit Strategy From Iran War, Report Says
Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy
UFO: Pentagon Releases Video of Unidentified Object Tracked Over Middle East
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules
Saudi Arabia, Turkey and Pakistan Sign Mutual-Defence Pact
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
A SpaceX Rocket Is About to Crash Into the Moon — and Scientists Hope to Watch
Modern Slavery Decisions Broaden the Al Fayed Inquiry’s Frame
FIFA’s Retreat Leaves a Larger Question Over Who Guards the Game
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Arrest Warrant Issued in Lebanon for Tycoon Spotted Meeting Netanyahu in Washington
Trump says Israel ‘would not survive’ without US
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Spain Defeats Argentina in Extra Time to Win Second World Cup
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
US Retaliates Against Iran After Two American Troops Killed in Jordan
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Gold and Cash Seizure Puts Indonesia’s Senior Anti-Corruption Prosecutor Under Investigation
The Ledger Will Not Trust on Faith
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
×