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March 26, 2020 08:03 pm GMT

In coronavirus shutdown, Britain will pay self-employed people 80% of average monthly profit

Wouldn't it be amazing if the United States did this?

Britains finance minister Rishi Sunak said Thursday all self-employed citizens will receive a taxable grant of 80% of their average monthly profits as part of the governments coronavirus response plan.

From Reuters:

The government will pay self-employed people who have been adversely affected by the coronavirus a taxable grant worth 80% of their average monthly profits over the last 3 years up to 2,500 pounds per month, Sunak said at the governments daily news conference.

It will be open to anyone with trading profits up to 50,000 pounds, he added.

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Original Link: https://boingboing.net/2020/03/26/in-coronavirus-shutdown-brita.html

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