Government launches second round of SEISS grants

Self-employed

From today, those who are self-employed can claim grants worth up to £6,570 each to make up income lost due to the coronavirus after 14 July.

 

This second round of the self-employed income support scheme (SEISS) is less generous than the first, which closed on 13 July. While the first scheme covered 80% of average trading profits up to £2,500 per month, this time the cap is set at 70%, up to £2,190 per month.

 

To be eligible, more than half the claimant's income must come from work carried out as self-employed.

 

If you are eligible, you will need to apply via the official Government claims portal. You will need your self-assessment UTR, NI number and a Government Gateway user ID and password.

 

They must also be able to show a trading profit of less than £50,000 in 2018/19, or an average of less than £50,000 across 2016/17, 2017/18 and 2018/19.

 

As with the first grant, the second round will be made in a single payment covering the full three-month period.

 

Applications are open from 17th August and close on 19th October 2020. Applications can only be made by the claimant.