In addition to the National Coronavirus Job Retention scheme announced yesterday, Rishi Sunak said he would “strengthen the safety net for those who work for themselves” with –
The Chancellor announced that “self-employed can now access in full universal credit at a rate equivalent to statutory sick pay for employees”.
The current SSP rate for employees is £94.25 per week for up to 28 weeks.
The next round of tax payments on account, scheduled for 31 July 2020 will be deferred until January 2021.
VAT payments have been deferred for the next quarter.