Self-employed to receive more money from the Government

Pound signThe Government has doubled the next grant for the self-employed.

The grant (SEISS), which was first announced in September, will cover the period from November 2020 to April 2021 and will be paid in two instalments.

The new lump sum will be 40% (previously 20%) of average monthly profits, up to £3,750 (previously £1,875). We expect this to be paid in November.

The level of the fourth SEISS grant, covering February March and April 2021, will be reviewed by the Government in time to come.

To find out more about the eligibility please see the Government’s policy paper

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on whatsapp

Other Insights

Super-deduction

You will be able to claim a deduction from your corporation tax bill if you invest in new productivity enhancing plant and machinery. The expenditure

Read More »

March 2021 Budget

The 2021 budget delivered a number of new grants, extensions to most of the existing schemes and the promise of tax rises in the future.

Read More »

This website uses cookies to ensure you get the best experience on our website.