Words 'self employed' on desk

Claims for the fourth SEISS grant have now closed. The last date for making a claim for the fourth grant was 1 June 2021.

Read more

Self – employment income support scheme fifth grant.


By sponsors Humphrey & Co.

Claims for the fourth SEISS grant have now closed. The last date for making a claim for the fourth grant was 1 June 2021.
A fifth grant covering May 2021 to September 2021 will be open to claims from late July 2021. The grant is taxable and will be paid out in a single instalment. Guidance for claiming the grant will be available by the end of June 2021.

How the fifth grant is different:

The amount of the fifth grant will be determined by how much your turnover has been reduced in the year April 2020 to April 2021.
HMRC will provide more information and support by the end of June 2021 to help you work out how your turnover was affected.

How much you’ll get:

Turnover Reduction          How Much You’ll Get                    Maximum Grant

30% or more           80% of 3 months’ average trading profits              £7,500

less than 30%         30% of 3 months’ average trading profits              £2,850

Find out more about the fifth SEISS grant here.

Twitter
Facebook
LinkedIn