This evening, Friday 29 May 2020, the Chancellor confirmed that a second and final grant is being made available through SEISS. It will cover June to August and applications will open in August.
Extension to the Self-Employment Income Support Scheme (SEISS) – 29 May 2020
In this second grant 70% of average trading profits up to a maximum of £6,570 will be awarded. Applications for the second grant will be made in August.
The grant is subject to income tax and self-employment national insurance contributions.
Eligibility criteria and how to apply remains the same and is outlined in our COVID-19 Hub below:
If you have further queries your accountant should be able to help you.
HB Accountants are accountants for business. For financial and accounting guidance and support, please contact Keith or Karen. We’re still working hard for all our clients to help you make the right decisions.
We are here for you during this difficult time. Our business contingency plan is in place and we will do everything we can to support our clients during this uncertain period, please do not hesitate to contact us here if you have any concerns or queries.
Visit our COVID19 Business Hub for more information
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The information contained above is for general guidance purposes only. Whilst every effort has been made to ensure the contents are accurate, please note that each individual has different circumstances and it is essential that you seek appropriate professional advice before you act on any of the information contained herein. HB Accountants can accept no liability for any errors or omission or for any person acting on or refraining from acting on the information provided in the above
