Rishi Sunak speech....

[unhappyclap]

What are people thinking so far?

Because I won’t be applying for the grant myself! My employer is going to be applying on behalf of all her employees

@Emmmie

Gosh! So employers can claim 80 percent of wages on behalf of employees who are not eligible for UK benefits and are not UK citizens? Fascinating!

There are thousands of temporary jobs going at almost every major food retailer at the moment. They qualify as key workers and therefore children will be able to attend school.
No healthy self employed person needs to be sat at home not earning. There are options!

@StillDisappointed hear me out, right now this is shit for you and your family.
I get that, I own my company and 3 years ago I'd be on my arse in this situation. I genuinely don't know how to say this without sounding smug or like an utter twat...my husband started his business. My wage covered our outgoings.bhe got to the stage he could support me, I have up work and started my company.
Either of us could go under and the other can cover the bills.
We do not have the luxury of sick pay or anything else that comes with employment but we do have the privilege of being able to earn more than the average person. Every privilege comes with a risk. The risk is sadly only one person earning, all eggs in one basked and other such empty pallitudes

Plenty of SE workers earn a lot more then if they were employed.

The top 10 professions for the self-employed by earnings:
1 Electricians £51,200 (employed average £27,287)
2 Counsellors £45,111 (employed average £24,454)
3 Landscape gardeners £40,140 (employed average £19,143)
4 Make-up artists £38,918 (employed average £20,952)
5 Graphic designers £38,760 (employed average £22,012)
6 Photographers £36,823 (employed average £20,812)
7 Plumbers £36,359 (employed average £23,788)
8 Tutors £34,147 (employed average £22,630)
9 Painter and decorators £33,075 (employed average, £21,405)
10 Personal trainers £33,029 (employed average £19,494)

You have no idea and I don't think you are fit to comment on any employment issues

I do have an idea. I’m the mother of someone who’s self employed and was expecting nothing, so is over the moon because this means they can afford to eat for the next three months.

Deferred tax we wont benefit from because under the construction industry scheme it is deducted from OH's wage weekly. VAT, dont earn anywhere close to enough to be VAT registered.

You still need to pay it in a years times so you will have that hanging over you.

But that's a year to get a job or build up your business again.

Plenty of paye people who are on a retainer may find that when things normalise they are let go.

@StillDisappointed
Everyone is sitting at home doing nothing.
Why do they deserve that much more?

No, everyone is NOT sitting at home doing nothing. Many of us are now working hard from home to get our jobs done under difficult conditions. Think before you start making assumptions.

@Emmmie
Why would your employer be entitled to claim 80 percent wages for you when you are not eligible for UK benefits and you are not a UK citizen??

@AmIAWeed I would hear you out but I don't understand what your point is.

The government have put measures in place that have taken away all of my dads income. Up until today he was working 18 hour days to try and earn as much as he possibly could; now there is no chance of that happening.

As a taxi driver in London he took out insurance to cover him if he became sick or injured and unable to work; this doesn't cover him for a pandemic.
He never could have imagined that his job wouldn't exist as there will always be people in London needing transport; until the government put the measures in place.

There's no way he could have put money aside for an unprecedented situation that could go on for an unspecified amount of time.

The government have had a couple of months of knowing this was coming and could have easily sorted out a 'package' that included all workers; bearing in mind that the reason he has no work is because of the governments measures.

Instead they've offered up to 80% of £2500 to employees and UC of (less than) £400 a month to the SE. A £1600 a month disparity.
For a situation that is no ones fault and that everyone is apparently in together.
Why does one group deserve security and another poverty? Everyone is meant to be at home; so it's not as if the employees are more deserving at all.
There is no reasonable explanation.

He has shafted the SE today greatly.

People can piss off with the comments about “what would you do if you were sick”

We have insurance. Lots of it. We pay a fortune for it. It does NOT cover this. Nothing does.

So we have paid a lot of tax and a lot in insurance and yet here we are, shafted.

That said, I do believe the government are throwing the kitchen sink at this and we will certainly not be calling them the nasty party now. Well, until they put taxes up massively to pay for it.

@Butterymuffin Will you be earning enough this month to not have to worry about your bills? Feeding your kids? Losing your home?

Did Rishi's speech today involve something that's going to help you?

Then you've no place getting irate.

'Under difficult conditions'? Don't make me laugh; what an utter piss take of a phrase to use when a huge proportion of society have been plunged into poverty today through no fault of their own.

@moochpooch

I think you can claim statutory redundancy after 6 weeks, in any 13 week period, of lay off.

So relieved I could have cried.My husband's hours were halved and my restaurant closed today.I do have savings the but I am impressed we m ay get to keep our jobs potentially.Plus I don't have to face the public while I have mild asthma.

@StillDisappointed my point is life is full of unexpected changes. We have to balance the risk wherever we can. Self employment can have fantastic rewards both financially and lifestyle balance. The greater the potential regard the greater the risk. This situation, however unpredictable is without a doubt the risk

A general question. Surely the 80 per cent wages are claimed by the employee, not the employer?

Then you've no place getting irate

You've got no place telling other people what they can feel. You're not accepting that for yourself, are you? Stop dismissing other people's lives if you expect anyone to have sympathy for you. Plenty of us are working. Maybe since you're the one who'll be 'sitting around doing nothing' you can go and fill one of those supermarket jobs and do something useful yourself?

@LouQoo are you referring to being let go after things normalise? I thought you had to be employed for 2 yrs to qualify?

@AmIAWeed I agree

@Alsohuman - are you for real ? Of course the self employed were expecting something in the package .... why wouldn't they? So you really think it is fair for Person A to receive 80% of their income and Person B to receive £94 a week.... what about the "we will get through this together" mantra... can you explain why you think this is fair and why a PAYE person SHOULD receive 80% of their wages? Why shouldn't they have 6 months worth of savings to cover emergencies and not take from the state?
I agree with everything @DianaT1969 has said I'm not going to repeat it... the self employed experience peaks and troughs, you save to cover a frugal month in months when income is good. You pay your tax and national insurance the same as PAYE... you have expensive critical illness cover... you accept no holiday pay, sick pay, paternity/maternity pay... but my God in a national emergency you just expect to be treated the same as everyone else. Why is that so hard to understand?

So relieved to hear tonight's news! I started my maternity leave today and have been worried whether I'd have a job to go back to next year, but it now seems like the company I work for will survive! And so relieved for my colleagues too!

Right for the Self Employed:

I've just found some Universal credit rates
This example assumes lone parent with two dependents
Single person over 25 £318
Rent £800
2 dependants £509
Chancellors additional £1000 over 12 months £83.33= £1710 per month
Child benefit £136 per month
You would apply for council tax relif from your council
And the minimum income floor does not apply so we'd get the full entitlement to UC for SE

For me that would be enough to keep my family going

Or if you have SE insurance, maybe they'd pay you out.

Also it seems UC SE expenses are far more restricted than HMRC expenses.

Please do your own research for your individual circumstances.

Hi @moochpooch

Yes, you do have to have two years service to qualify for statutory redundancy. Some people will though, so thought it was worth mentioning.

80% is a great deal (not for economy).

This is much more than after I spent on travel to/from work, childcare, packed lunches, I even get to stay at home with my kids!