Many self-employed persons have been left in the lurch by Rishi Sunak’s new measures designed to help them through the next few months of the virus crisis. At first glance, the pledge to guarantee up to 80% of monthly profits based on a three-year average, capped at £2,500 a month, is a good and generous one.
However, as always the devil is in the detail and many small business owners are complaining the conditions which come attached to the package ignore the realities of self-employment. One Amersham physiotherapist complained that she would not benefit “at all” under the current scheme, and only one her eight self-employed staff would.