Self Employed Scheme (SEISS) Extended…

The extension will provide two grants and will last for six months, from November 2020
to April 2021.

Grants will be paid in two lump sum installments each covering a three month period.

The first grant will cover a three-month period from the start of November until the end
of January. The Government will provide a taxable grant covering 20 per cent of
average monthly trading profits, paid out in a single installment covering 3 months’
worth of profits, and capped at £1,875 in total.

The Government are providing broadly the same level of support for the self-employed
as is being provided for employees through the Job Support scheme.

The second grant will cover a three-month period from the start of February until the
end of April. The Government will review the level of the second grant and set this in
due course.

The grants are subject to Income Tax and National Insurance Contributions.
How can I claim?

HMRC will provide full details about claiming and applications as soon as possible.