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Shout99 - the network for freelancers
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Contractors engaged by Government departments, their Executive Agencies and Non Departmental Public Bodies, which includes the NHS, will receive financial support should they not be able to work due to COVID-19.
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Following the Chancellor's announcement of financial support for the self-employed, the Treasury issued a statement clarifying some of the detail. It included the information that freelancers and contractors who pay salary and dividends will not be covered by the announcement, but would be able to apply for the Job Retention Scheme.
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The Chancellor rolled out the much-anticipated package of financial support for the self-employed during the coronavirus - but many complained that freelancers and contractors were again overlooked.
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A snapshot survey by recruitment agency body, APSCo shows that contractors are being told that their assignments have been terminated, and there is a complete stall on permanent hiring with job offers being rescinded.
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Freelancer organisations have written an open letter calling on Prime Minister Boris Johnson for a Temporary Income Protection Fund to support the self-employed during the Corona Virus crisis.
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The Government has delayed the changes to IR35 in the private sector for a year in the wake of the Corona Virus crisis.
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Budget announcement:
There will be a £3,000 cash grant to 700,000 of our smallest businesses, delivered by Local Authorities, and worth a total of £2 billion.
So how do we claim this? Can we claim this?
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The Budget dashed any remaining hopes of the freelancer community that there might be a delay or rethink to the much-criticised reforms of IR35 in the public sector.
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Fears the Government will scrap Entrepreneurs’ Relief in the Budget on March 11 is resulting in many senior doctors and other professionals deciding to close their small companies earlier than planned and to effectively retire.
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Men earn considerably more than women in self-employment - significantly higher than among employees.
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