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Home » News & Insights » Self Employed Income Support Scheme Increased to 80%

Self Employed Income Support Scheme Increased to 80%

Posted on 4th November 2020

In his Winter Economy Plan the chancellor announced that SEISS grants would continue to be available, but at only 20% of average profits for the period to 5 April 2019.  On 22 October the Chancellor increased the amount of the third three month grant to 40% of average profits, capped at £3,750.

On 2 November he made a further announcement that for the month of November the grant would increase to 80%, meaning a cap of £5,160 for the three months to 31 January 2021.

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