Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the number of people with trading profits of over £50,000 per annum and therefore ineligible for support from the Government during the covid-19 outbreak.
By 31 December 2020, 186,000 individuals have been assessed as ineligible for the third SEISS grant as their trading profits are over £50,000 per annum.
This figure was taken from the Self-Employment Income Support Scheme statistics published on 28 January 2021: https://www.gov.uk/government/statistics/self-employment-income-support-scheme-statistics-january-2021.