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The Government is supporting the self-employed through an unprecedented package of measures during this period of disruption. Measures include a temporary relaxation of the earnings rules (known as the Minimum Income Floor) for self-employed claimants who are sick or self-isolating according to Government guidance. The Government has extended this to all self-employed claimants, not just those directly impacted by the virus, ensuring those affected by the economic impact of the outbreak are supported.<\/p>
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On 26 March, the Chancellor announced a world-leading scheme to support the UK\u2019s self-employed affected by Covid-19. The Self-employment Income Support Scheme (SEISS) will support self-employed individuals, including members of partnerships, whose income has been negatively impacted. The scheme will provide a grant to self-employed individuals or partnerships, worth 80% of their profits up to a cap of £2,500 per month.<\/p>
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