Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the effect on the economy of self-employed beauty industry workers being unable to carry out treatments as a result of covid-19 restrictions remaining in place for the next six months.
The Government recognises that this is a challenging time for the beauty sector, where businesses were required to stay closed for longer than some others.
The SEISS Grant Extension will help the self-employed who are currently actively trading but are facing reduced demand. The Government will provide an initial SEISS grant covering 20% of average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £1,875 in total. This grant will cover a three-month period from the start of November until the end of January. A second grant will cover a three-month period from the start of February until the end of April.
We will continue to monitor the impact of the restrictions necessary to curb the spread of Covid-19 on businesses and the economy and the need for further support.