Proposed amendment to Coronavirus Bill – ‘Statutory Self-Employment Pay’
24 March 2020
In order to support freelancers and self-employed people through the outbreak of coronavirus, the House of Commons Public Bill Committee has put forward an amendment to the Coronavirus Bill, with the title ‘Statutory Self-Employment Pay’.
Should the amendment be accepted, it will mean that the government will ‘top up’ the earnings of self-employed people and freelancers up to 80% 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.
Update: A proposed new clause in the draft bill now states that the government will ‘top up’ the earnings of freelancers and the self-employed up to 80% of their monthly net earnings, averaged over the previous three years, or £2,500 per month (whichever is lower). This brings the payments in alignment with those that will be made to furloughed workers under the Coronavirus Job Retention Scheme.
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