Self-Employment Income Support Scheme – Second round of grants available

18 Aug 2020 – The Self-Employment Income Support Scheme – to help those self-employed or a member of a partnership who have been affected by Coronavirus – is now open for its second round of applications.

You can make a claim for the second grant even if you did not make a claim for the first grant as long as you meet the eligibility criteria. The second and final taxable grant is worth 70% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £6,570 in total.

Claims for the second grant must be made on, or before, 19 October 2020.

More details on the scheme, including how and when to apply, can be found here:

https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme