Self-Employment Income Support Grant
Government has recently increased support under the third instalment of the UK-wide Self-Employment Income Support Scheme, with people receiving 80% of average trading profits for November.
The maximum grant will increase to £7,500.
Self-employed individuals, including members of partnerships, must:
- have previously been eligible for the Self-Employment Income Support Scheme first and second grant (although they do not have to have claimed the previous grants);
- declare that they intend to continue to trade and either;
- be currently actively trading but are impacted by reduced demand due to Coronavirus; and
- were previously trading but are temporarily unable to do so due to the Coronavirus
Claims to HMRC are now open for the fifth and final grant. Visit the Gov.uk website for more information via the link below.