2021 Budget. Self employed shafted again?

ProDave

Am I the only one to notice this?  If so he did a good job of missleading everyone.

So this weeks budget announces the Self Employed Income Support Scheme grant has been extended for another 6 months  up to september.  That sounds good doesn't it?
For those that don't know, the SEISS has been paying a grant to self employed people of 80% of their average profit, to match the Furlough scheme for the employed who have not been able to work.
So that all sounds good doesn't it?
Well look at the details.
We have already had three SEISS grants paid every 3 months and there was another one already agreed and due any day now this march.
Well now the March payment is not happening and the next one will be in April (no 4) and then one July (no 5).
So the headline "SEISS extended for a further 6 months" actually translates to "there will be just ONE extra SEISS payment and that covers a 3 month period"
Who ever would have thought this present government could be so devious to claim they are giving you more than they actually are?

But why is there no outrage at this?  Which is why I ask, have not many people noticed yet?

MattMattMattUK

ProDave said:

Am I the only one to notice this?  If so he did a good job of missleading everyone.

So this weeks budget announces the Self Employed Income Support Scheme grant has been extended for another 6 months  up to september.  That sounds good doesn't it?
For those that don't know, the SEISS has been paying a grant to self employed people of 80% of their average profit, to match the Furlough scheme for the employed who have not been able to work.
So that all sounds good doesn't it?
Well look at the details.
We have already had three SEISS grants paid every 3 months and there was another one already agreed and due any day now this march.
Well now the March payment is not happening and the next one will be in April (no 4) and then one July (no 5).
So the headline "SEISS extended for a further 6 months" actually translates to "there will be just ONE extra SEISS payment and that covers a 3 month period"
Who ever would have thought this present government could be so devious to claim they are giving you more than they actually are?

But why is there no outrage at this?  Which is why I ask, have not many people noticed yet?

Most people who watched/read the budget and most the the self-employed will have noticed, it is just that they do not feel that it is something worth getting outraged over. 

sheramber

Most self employed are  maybe  grateful they got any help.  

Barny1979

ProDave said:

Who ever would have thought this present government could be so devious to claim they are giving you more than they actually are? 

A government past or present using spin, never?!

JamoLew

It's 80% more than my son who got made redundant last Oct gets - be thankful you get something

Pennywise

JamoLew said:

It's 80% more than my son who got made redundant last Oct gets - be thankful you get something

Also 80% more than the 3 million excluded self employed have received over the last year!

Michael_Bear

Self employed are also lucky the changes to national insurance to increase their contribution which Rishi talked alot about last April seems to have been forgotten. Probably balances out.

mattyprice4004

Being self employed is inherently higher risk than having the support bubble of an employer - to be honest I'm amazed they've received the support they have already. 
NB: I am also self employed 

superbigal

Loads of affected self employed have never been better off.  Ie Local Joiner 20% down due to Covid.  Full SEISS help.
Quids in.

Grumpy_chap

Pennywise said:

JamoLew said:

It's 80% more than my son who got made redundant last Oct gets - be thankful you get something

Also 80% more than the 3 million excluded self employed have received over the last year!

According to the ONS (https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/articles/coronavirusandselfemploymentintheuk/2020-04-24#:~:text=By the fourth quarter (Oct,up from 12% in 2000.) there are only around 5 million self-employed.  

For your statement "3 million excluded self employed " to hold true, there would have to be the large majority of self employed not covered by any of the support schemes.  That is simply not credible.

Tokmon

ProDave said:

Am I the only one to notice this?  If so he did a good job of missleading everyone.

So this weeks budget announces the Self Employed Income Support Scheme grant has been extended for another 6 months  up to september.  That sounds good doesn't it?
For those that don't know, the SEISS has been paying a grant to self employed people of 80% of their average profit, to match the Furlough scheme for the employed who have not been able to work.
So that all sounds good doesn't it?
Well look at the details.
We have already had three SEISS grants paid every 3 months and there was another one already agreed and due any day now this march.
Well now the March payment is not happening and the next one will be in April (no 4) and then one July (no 5).
So the headline "SEISS extended for a further 6 months" actually translates to "there will be just ONE extra SEISS payment and that covers a 3 month period"
Who ever would have thought this present government could be so devious to claim they are giving you more than they actually are?

But why is there no outrage at this?  Which is why I ask, have not many people noticed yet?

Where have they said "SEISS extended for a further 6 months" ?

The official government website says "An extension of the UK-wide Self Employment Income Support scheme to September 2021" which is factually correct because it has been extended to September. I haven't see the government say they are extending it for a "further 6 months".

Well if there was outrage at the government supporting self-employed people this much then that would be ridiculous. The amount of support the government has given out has been unprecedented and people should look at the positives instead of always looking at the negatives.