BBC News: Self-employed grant scheme to open to applications


Millions of self-employed people whose business has been affected by coronavirus can apply for grants from the government from Wednesday.

The Self Employed Income Support Scheme is designed to match the support being given to furloughed employees.

The grants will be calculated as 80% of average monthly profit over a period of up to three years.

The government said the money will be paid into the accounts of eligible people six days after applying.

The maximum payment will be £7,500, intended to cover March, April and May.

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