Chartered Certified Accountants
Chartered Tax Advisers
Registered Auditors


The Self Employed Income Support Scheme

The third grant under this, covering the period November 2020 to January 2021, will now be calculated based on 80% of 3 months’ average trading profits, the same as the first.

It will be paid out in a single instalment and capped at £7,500.

The window for claiming a grant will open on 30 November, two weeks earlier than previously announced.

To be eligible for the grant extension self-employed individuals, including members of partnerships, must:

  • have been previously eligible for the Self-Employment Income Support Scheme first and second grant (although they do not have to have claimed the previous grants); and
  • declare that they intend to continue to trade and either:
    • are currently actively trading but are impacted by reduced demand due to coronavirus; or
    • were previously trading but are temporarily unable to do so due to coronavirus.

The Government has already announced that there will be a fourth SEISS grant covering February to April. The Government will set out further details, including the level, of the fourth grant in due course.


Further Guidance

    Crozier jones Newsletter

    Subscribe to our newsletter to receive the latest industry and company news