Self-employed: Coronavirus

(asked on 2nd November 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate he has made of the monthly cost of providing self-employed people seeking financial support with 70 per cent of their annual profits.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 10th November 2020

The second SEISS grant was given at 70 per cent of three months of profits. Claims for this up to 30 September 2020 amounted to £5.7 billion in total, which is £1.9 billion per month.

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