The SEISS scheme has been extended, and to make a claim for the third grant your business must have had a new or continuing impact from coronavirus between 1 November 2020 and 29 January 2021.
The third taxable grant is worth 80% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £7,500 in total.
If you were not eligible for the first and second grant based on the information in your Self Assessment tax returns, you will not be eligible for the third.
Further information can be found at:
Check if you can claim a grant through the Self-Employment Income Support Scheme - GOV.UK (www.gov.uk)
Posted on: Wednesday 6th January 2021