SEISS | Self-Employed Income Support Scheme Grants

The government have announced 2 further grants for self-employed and partnerships.

SEISS Grant 3

Period covered: 1 November 2020 to 31 January 2021.

Amount of grant is 80% of average monthly trading profits.

The Grant is capped at £7,500.

Applications will open on 30 November 2020.

The claim must be made on or before 29 January 2021.

The grant is subject to income tax and NI.

You must keep evidence to support your claim.

Self-declaration of your intension to continue trading is required.

SEISS Grant 4

Period covered 1 February 2021 to 30 April 2021.

Details to be announced due course.

More information and the previous SEISS Grants can be found HERE.

If you have any questions or need help with applications, please let us know.

The information provided in this article is not intended to constitute legal, accountancy or financial advice. You should take independent legal, accountancy or financial advice before relying on the information in this article or before decisions are made or before you embark on any course of action.

Irina Inayat

Penn Accounts

0207 183 6623