MT Week - What’s the deal with sick pay when you’re self employed?

What a week it’s been for household finances, with energy bills going up even more in April and the Bank of England increasing interest rates to tackle high inflation.

Rather than labouring over the many points that were covered exhaustively by the national press, I’ve rounded up some of the most useful articles in the outro below, as well as some previous announcements that might help put things into perspective.

I want to cover the issue of sick pay when you’re self employed this week.

It’s actually a subject that I was thinking about a couple of weeks ago when people started returning to offices again.

While those who are self employed generally benefit from being able to work anywhere, a return to normal will inevitably mean more face to face meetings and therefore more chances of getting ill - Covid or otherwise.

It’s easy to call in sick when you’re a salaried employee (though not always, more below) but for those who are self employed, it often feels like we need to work until we’re on our deathbeds before taking a day off for financial reasons.

So are there alternatives? And if so, what? Here’s what you need to know.