4 May 2020: The government have today updated information about applications for the self-employment grant. Self-employed workers have been hit hard by COVID19 lockdowns, the scheme will allow you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months (March to May), and capped at £7,500 altogether. This is a temporary scheme, but Gov.UK suggest it may be extended.