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

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