Income support for self-employed people

The government's self-employed income support scheme has opened for applications today (Wednesday).

Designed to match the support being given to furloughed employees, the scheme will pay 80 per cent of average profits over the past three years, up to £2,500 a month. 

In the meantime, self-employed people are being urged to use an online checker to see if they are eligible.

Chancellor Rishi Sunak says people can have the money in their account by Monday 25 May. 

The process launched at 8am and will be run by HM Revenue & Customs, which has been operating and overseeing loan schemes and the government's furlough payments.

Those able to make a claim have already been contacted by HMRC and can use a unique reference to make their claim.

The government has not yet said whether the initiative will be extended into the autumn in line with the furlough scheme. 

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