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Applications now open for second stage of HMRC’s Self-Employed Income Support Scheme

18th August 2020

The SEISS allowed the self-employed or members of a partnership to claim a taxable grant in July.

The second and final taxable grant is worth 70% of average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £6,570 in total.

Applications for the second and final grant are now open. If you’re eligible and your business has been adversely affected by Covid-19 on or after 14 July 2020, you must make your claim for the second grant on or before 19 October 2020.

You can make a claim for the second grant if you’re eligible, even if you did not make a claim for the first grant.

Click here for further information.