SEISS: Rishi Sunak shares details on third grant – everything the self-employed must know

SEISS: Rishi Sunak shares details on third grant – everything the self-employed must know

Details of the fourth SEISS grant, which is scheduled to be the final support method, have not yet been released.

However, it is expected this grant will cover the period from February 2021 to April 2021.

The level of this grant is to be kept under review, with HMRC setting the amount is due course.

There are, however, a number of eligibility criteria to bear in mind when it comes to a claim from the third grant.

To be eligible, individuals must have been previously eligible for the first and second grant, although they do not have to have claimed either.

They must also declare they intend to continue to trade, but have been impacted by reduced demand due to COVID-19, or were previously trading but now unable to do so due to the outbreak.

Published at Thu, 05 Nov 2020 07:15:00 +0000