SEISS Scheme Increase

Following the announcement of a new month long lockdown and the extension of the furlough scheme for employers and employees HMRC have just announced changes to the Self Employment Support Scheme ( SEISS).

If eligible, you will now receive an increased 80% of your average trading profits for November, with 40% of trading profits for December and January.

This equates to a grant of 55% of trading profits with a maximum grant of £5,160.

The claims window will now open at the end of November rather than the middle of December.

Take a look at our Covid-19 Hub for further details and links of more financial support.