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Fund title: Self Employment Income Support Scheme: Fourth Grant

Focus of fund/fund aims:

Grants for self-employed people who have a loss of earnings due to coronavirus. The scheme will continue until September 2021.

Application deadline:

The fourth grant can be claimed between mid April and 31 May 2021

Fund description:

The Self Employment Income Support Scheme (SEISS) allows people who are self employed to claim a grant to make up for a loss of profits as a result of coronavirus.

The scheme has so far offered grants in three instalments to self-employed people and this is the fourth grant, covering February to April 2021.

The fourth grant will be set at 80% of 3 months’ average trading profits, paid out in a single instalment, capped at £7,500. Eligibility for the scheme will now be based on your tax return for 2019 to 2020 and will also be open to those who became self-employed in tax year 2019 to 2020. The rest of the eligibility criteria remain unchanged.

There will be a fifth and final SEISS grant covering May to September 2021.

Further information:

https://www.gov.uk/government/publications/self-employment-income-support-scheme-grant-extension/self-employment-income-support-scheme-grant-extension