Back to all News

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.

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

Other News

An Unforgettable Evening Marks Fife Chamber’s 200th Anniversary Celebration

Calls for £2 Billion Patent Box Tax Relief to be Unwrapped for Far More Companies

Fife College Students Win Life-changing USA Study Bursary

Fife College Awarded £2m Tay Cities Funding to Boost Hospitality Skills

Kingdom Secures £13m Funding to Deliver Affordable Homes

Clean Energy Deal A Welcome First Step

You Can't Tackle Child Poverty Without Homes

Babcock and the University of Exeter Report Cites SMEs as Crucial for UK Defence Resilience

Babcock Signs Initial Agreement Under Indonesia Maritime Partnership Programme

Latest Insolvency Statistics for Scotland - Azets Response

Our premier partners...