Self-employed grant scheme to open to applications

13 May 2020

Self-employed workers whose income has been hit by the coronavirus crisis can apply for grants from the government from 13 May.

The Self-Employed Income Support Scheme (SEISS) is designed to match the support being given to furloughed employees.

Under the scheme the government will pay self-employed people a taxable grant based on an average of their earnings over the past three years.

The grant will cover up to 80% of earnings up to a limit of £2,500 a month.

To be eligible self-employed workers must have filed a tax return for the 2018/19 tax year and have average trading profits under £50,000 for the past three years.

Detailed guidance about the grants can be found here.


SEBA award logo Business awards logo Quickbooks logo Receipt Bank logo Xero logo Professional Services Group for Hinkley

Home | Contact us | Credit | Accessibility | Disclaimer | Privacy Policy | Insurance | Help | Site map |

© 2024 Poolbridge Accountancy Ltd. All rights reserved.

Poolbridge Accountancy Ltd, The Forge Enterprise Centre, 3 Church Road, West Huntspill, Somerset TA9 3RN

We use cookies on this website, you can find more information about cookies here.