5th Self Employment Income Support Grant – applications open

by | Aug 6, 2021 | Tax updates

Eligible applicants (sole traders) can now apply for the 5th SEISS grant.

In order to apply you will need to calculate your turnover for 2020/21, which we can help with. This is then compared to your turnover in 2019/20 in order to assess the level of turnover reduction caused by Covid.

If your turnover has reduced by more than 30% you will be entitled to 80% of average income over a three month period. If the reduction is less than 30% the grant will be 30% of average income over a three month period.

As before individuals will need to make a claim for the grant themselves, however we are happy to help with assessing your eligibility and calculating turnover.

The closing date for applications is 30th September 2021.



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