
Self-employed to receive up to 80% of monthly profits26th March 2020 | published by EW SHARE
The chancellor of the exchequer, Rishi Sunak (pictured), has announced a support package for the self-employed as Covid-19 tightens its grip on the economy.
Addressing the nation, 26 March, chancellor Sunak said he would pay the self-employed a taxable grant of up to 80% of their monthly profits up to a maximum of £2,500 for at least three months. The chancellor said figures will be calculated using average monthly profits over last three financial years.
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