Self-employed to receive two more grants

Video ThumbnailThe Government have announced two further grants for the self-employed (not companies). The grants (SEISS) will cover the period from November 2020 to April 2021 and will be paid in two instalments. The first lump sum will be 20% of average monthly profits, up to £1,875. We expect it to be paid in N

The Government have announced two further grants for the self-employed (not companies).

The grants (SEISS) will cover the period from November 2020 to April 2021 and will be paid in two instalments.

The first lump sum will be 20% of average monthly profits, up to £1,875. We expect it to be paid in November.

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

Details of how to apply will be covered on our webinar on 28 September.

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

Be ready – HMRC are increasing their VAT enquiries

My Finance Drive bookkeeping team have seen a recent increase in the number of enquiries from HMRC, especially on VAT Returns. One HMRC agent told us that extra staff had been brought in from other departments to help them complete all of these reviews. But what is a VAT enquiry? What does it mean for your business? And what has prompted this increase?

Read More »

Winter Economy Plan reflection

Two weeks have passed since the Winter Economy Plan was announced by the government. This pack of measures includes grants, tax relief and loan extensions designed to keep the economy going through the winter.

Read More »

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