{"id":20484,"date":"2020-11-12T10:56:00","date_gmt":"2020-11-12T10:56:00","guid":{"rendered":"https:\/\/smh.group\/?p=20484"},"modified":"2020-11-12T10:56:01","modified_gmt":"2020-11-12T10:56:01","slug":"boost-for-self-employed-support-in-extended-grants","status":"publish","type":"post","link":"https:\/\/devstagesite.co.uk\/smhgroup\/boost-for-self-employed-support-in-extended-grants\/","title":{"rendered":"Boost for self-employed support in extended grants"},"content":{"rendered":"\n

Tw<\/strong>o further grants under the self-employed income support scheme<\/strong> (SEISS) were announced in September and have now been updated following the second lockdown.<\/strong><\/p>\n\n\n\n

The government\u2019s new package of support measures announced in the Chancellor\u2019s Winter Economy Plan have been postponed or reworked, including an increase to the SEISS.<\/p>\n\n\n\n

The original SEISS offered two support grants to the self-employed, with applications closing in July and again in October. The new extension covers a six-month period divided into two additional grants. The level of the upcoming third grant has now been increased from the original 40% to 80% of average monthly profits \u2013 even higher than the 55% set out at the end of October. Applications for the third grant covering the three months from November 2020 to January 2021 will open on 30 November and will be capped at a maximum of \u00a37,500, paid in a single instalment.<\/p>\n\n\n\n

The fourth grant will cover the three months from February to April 2021, however no further details have been released as yet.<\/p>\n\n\n\n

Eligibility<\/strong><\/h3>\n\n\n\n

To be eligible for the third grant you must have been eligible for the previous two (even if they were not actually claimed), so this excludes anyone with:<\/p>\n\n\n\n