IRRV Alert - week ending 25th September 2020
News
Self-Employment Income Support Scheme (SEISS) Grant Extension (24 September 2020)
Policy paper
Self-Employment Income Support Scheme (SEISS) Grant Extension
This SEISS Grant Extension factsheet explains what is covered by the grant, who is eligible, and how to claim.
Published 24 September 2020
From:
Documents
Self-Employment Income Support Scheme (SEISS) Grant Extension Factsheet
PDF, 68.7KB, 1 page
Details
The SEISS Grant Extension provides critical support to the self-employed. The grant will be limited to self-employed individuals who are currently eligible for the SEISS and are actively continuing to trade but are facing reduced demand due to COVID-19.
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 instalments each covering a three-month period.
The first grant will cover 3 months’ worth of profits from the start of November until the end of January. It will be worth 20% of average monthly profits and will capped at £1,875 in total.
Published 24 September 2020