Rishi Sunak said the economic support the government will offer the self-employed - who he said had "not been forgotten about" is in the form of a grant.
"But he [The Speaker] can rest assured that we understand the situation that many self-employed people face at the moment as a result of what's happening and we are determined to find a way to support them".
Workers will be able to access the grant no later than June, and it is expected that 95 percent of people who are majority self-employed will be able to benefit from the scheme.
He said that it is open to anyone with trading profits of up to £50,000 and will be only available to those who make the majority of their income from self-employment so only the "genuinely self-employed" benefit.
More than half of a claimant's income needs to come from self-employment.
"It seems grossly unfair that employees of all incomes are covered up to £2,500 per month by the JRS, yet high-earning contractors are penalised during a time of national crisis because they are good at what they do". The chancellor said those applying for universal credit should be paid within a few days.
Self-employed workers are not paid through PAYE and they don't have the same obligations as a company director.
There are more than five million self-employed people in the United Kingdom, earning an average of £781 a month.
As part of the latest announcement, the chancellor also suggested tax breaks for the self-employed may end in the future. This signals a massive change in United Kingdom tax policy, potentially equalising the tax treatment of the self-employed.
The IFS research indicated that 23 per cent of self-employed workers were in relative poverty in 2017-18 after housing costs were deducted, compared with 11 per cent of employees.
Mr Sunak said his rescue deal shows he is treating the self-employed like employed workers, but that in return everyone must pay in - hinting at reforms that could see the self-employed lose some tax advantages.
The government says 80% of gross wages in the private sector, up to £2,500 a month, for those not working and who would otherwise have been laid off will be covered by these grants from HM Revenue and Customs (HMRC).
The Chancellor noted that the SEISS would be available for at least three months and extended if necessary, and that self-employed would be able to claim and continue to do business. The idea is to prevent mass unemployment.