Eligible self-employed people will be able to claim a second and final Self-Employed Income Support Scheme (SEISS) grant in August; this will be a taxable grant worth 70% of their average monthly trading profits for three months, paid out in a single instalment and capped at £6,570 in total.
The eligibility criteria for the second grant will be the same as for the first grant. People do not need to have claimed the first grant to claim the second grant: for example, their business may have been adversely affected by COVID-19 (coronavirus) more recently.
Claims for the first SEISS grant, which opened on 13 May, must be made no later than 13 July.
It is important to note that as with the first SEISS grant, the eligible individual must make the claim themselves. If accountants attempt to make a claim on behalf of your client, this will trigger a fraud alert and will result in significant delays to payment.
However, if you feel you need help in making an application or are not sure if you are eligible please contact me using the form below.