Self Employment Income Support Scheme - Update 29 May 2020
The Chancellor Rishi Sunak has this evening (29 May) announced updates to the Self Employment Income Support Scheme (SEISS) as follows:
The SEISS has been extended to allow self-employed workers across the UK to access a second and final grant from the government in August. The grants paid out will be worth 70% of a self-employed person’s average monthly trading profits to cover three months’ worth of income with a cap of £6,750.
You can read the full Government announcement here.