The government has extended the Self-Employed Income Support Scheme (SEISS) to September 2021.
The grant now covers 2019-20 tax returns and the government says an extra 600,000 may now be eligible. All other eligibility criteria will remain the same for the fourth grant as the third grant.
The fourth grant, covering February, March and April, opened for applications in late April and closed on 31 May 2021. It covers 80% of average trading profits up to £50,000, capped at £7,500.
The fifth grant, covering May, June, July, August and September, will open for applications in late July. If your has fallen by 30% or more, you can access the full grant. The full grant is worth 80% of three months’ average trading profits up to £50,000 and capped at £7,500. If your turnover has fallen by less than 30%, you will receive a 30% grant, capped at £2,850.