• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Top notice bar

Call us on 08000 388799

Avanti Tax Accountants HomepageAvanti Tax Accountants

Bookkeeping, Accountancy and Taxation services

  • Home
  • About Us
  • Our Services
    • Bookkeeping & Accountancy
    • Corporation & Personal Tax
    • Payroll & CIS
    • Company Secretarial Bureau
    • Budgeting, Forecasting & Business Valuations
    • Mentoring & Business Coaching
    • Software & Training
  • Our Accountants
  • News & Insights
  • Send An Enquiry
Home » News & Insights » Almost 3m Self-Employed Claim SEISS Grants

Almost 3m Self-Employed Claim SEISS Grants

Posted on 15th June 2021

HMRC has published its latest statistics relating to the use of the Self-Employment Income Support Scheme (SEISS). 

The key points from the latest release covering the fourth grant up to 9 May 2021 are as follows:

  • To date, £24.5bn has been paid in SEISS grants in total. Across the four schemes, 2.8m individuals have received a grant, and 8.8m total grants have been claimed.
  • The Government announced a significant change in access to the SEISS, basing the fourth and fifth grants on 2019-20 Self-Assessment tax returns. Around 5 million individuals had their data assessed for potential SEISS eligibility. 
  • By 9 May, 1.7 million (50%) of the potentially eligible population have claimed the fourth SEISS grant with the value of these claims totaling £4.7 billion. The claims window closed on 1 June 2021.
  • For the fourth SEISS grant, the average value per claim was £2,800.

What Next For Those Who Are Not Yet Back To Full Capacity?

Government support to the self-employed through the SEISS is due to end on 30 September 2021. A fifth and final grant covering the period May 2021 to September 2021 will be opened to claims from late July 2021. The grant will see those whose turnover has fallen by 30% or more continuing to receive the full 80% grant whilst those whose turnover has fallen by less than 30% will receive a 30% grant. 

What the SEISS grants highlighted, was a need to be on top of your financial matters including having completed your most recent tax return. If you have to file a tax return, call MJB Avanti (08000) 388 799 to see how we can help you to file online, on time, no fine.

Source: informanagement

Share this post:

Share on TwitterShare on FacebookShare on LinkedInShare on E-mail

Filed Under: News

Disclaimer:- The information contained herein is given by way of general guidance only and no action should be taken solely on the basis of the information contained herein. The Avanti Group (UK) Ltd will be pleased to provide further guidance on the issues, and how they might affect you. No liability is accepted by the firm for any action taken without seeking appropriate professional advice

Footer

Navigate

  • Find An Accountant
  • About Us
  • News & Insights
  • Privacy Policy
  • Letter Of Engagement

Our Services

  • Software & Training
  • Mentoring & Business Coaching
  • Budgeting, Forecasting & Business Valuations
  • Company Secretarial Bureau
  • Payroll & CIS
  • Corporation & Personal Tax
  • Bookkeeping & Accountancy

Get In Touch

Tel: 08000 388799
Send us an enquiry

  • Facebook
  • Instagram
  • Twitter
Copyright © 2023 Avanti Tax Accountants · All Rights Reserved
Part of The Maurice J Bushell & Co Ltd Franchise (UK) Ltd · Company Reg: 10407313 and The Avanti Group (UK) Ltd · Company Reg: 04635630 · Created by Purple Hippo
  • So we can contact you to discuss your enquiry
  • So a member of our team from your area can contact you
  • By clicking ‘Send Enquiry’ you agree to receive contact from Avanti Tax Accountants using the details given above. We respect your personal information and your privacy and will not share or sell your information to other organisations. Please read our Privacy Policy for more information.
  • This field is for validation purposes and should be left unchanged.