Self-employed grant scheme to open to applications

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.

Home | Contact us | Site map | Accessibility | Help | Disclaimer |

© 2021 Mayor Cuttle & Co. All rights reserved.


Mayor Cuttle & Co, Suite 7b Aquarium, 101 Lower Anchor Street, Chelmsford, Essex CM2 0AU
We use cookies on this website, you can find more information about cookies here.
powered by totalSOLUTION

ICAEW: Chartered Accountants sage one certified advisor logo

Registered by the Institute of Chartered Accountants in England and Wales to carry out company audit work and also trading as William Evans & Partners