We are in the quarantine again! Thankfully the government took under the consideration situation of self-employed people and decided to increase the grant. Increase is from 55% to 80%.

It is for two periods:

  1. November 2020-January 2021
  2. February 2021 – April 2021

The maximum one-off payment is £7500

Who can apply?

  • If you were previously were entitle to the grants, and
  • If you declare that you still intend to trade but:
    • your income decreased because of the COVID-19
    • You were previously trading but cannot do so now.

How to apply?

You can apply as previously via your HMRC account.

The grant will be available from 30 November 2020.

More details in previous blog:

Grant extension for self-employed

Need help?

Need an accountant? Call me now!

Similar articles:

4th Grant
4th Grant

Fourth grant for self-employed will start at the end of April 2021, the exact date will be announced soon.   Good news for people who did not quallfied for SEISS so far!!!   If you started your seld-employment after March 2019 or you were not entitled to the...

Flat Rate Scheme
Flat Rate Scheme

VAT – Flat Rate Scheme   What is it? VAT is calculated as a difference between VAT from sales (output VAT) and VAT from purchases (input VAT). Sometimes a person has a refund of VAT, but many times owes Vat to HMRC. Flat Rate Scheme is a set % of VAT that has to be...

Trivial benefits
Trivial benefits

I don’t know how many of you knows anything about trivial benefits. Many times, as an employer, you may think how to reward your hard working employees, give them something extra, some small token and in present climate save on taxes. As an employer you can buy your...