Self Employed 2,917 a month Employed 2,500 a month?

[Irial]

Why is there a difference between what self employed people should be paid and employed? Surely we should be paying everyone the same? (The 80%)

Self Employed 2,917 a month Employed 2,500 a month?

Amendment proposed below

Statutory self-employment pay

(1) The Secretary of State must, by regulations, introduce a scheme of Statutory Self-Employment Pay.

(2) The scheme must make provision for payments to be made out of public funds to individuals who are

(a) self-employed, or

(b) freelancers.

(3) The payments to be made in subsection (2) are to be set so that the net monthly earnings of an individual specified in subsection (2) do not fall below—

(i) 80 per cent of their monthly net earnings, averaged over the last three years, or

(ii) £2,917

whichever is lower.

(4) No payment to be made under subsection (2) shall exceed £2,917 per month.

(5) A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of either House of Parliament.

Member’s explanatory statement

The purpose of this amendment is to make the Government ‘top up’ self-employed workers’ earnings to the lower of 80% of their net monthly earnings averaged over three years, or £2,917 a month.

@Irial the self employed amount also covers up to £50,000 profit, whereas the employed payment is only up to a gross salary of £35,000, though people earning more than that can still get payments up to the £35,000 (£2500) amount

The self employed is capped at 2500. It's only that you can still claim with earnings up to 50k.

Over 50k self employed get 0.