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The Self Employment Grant (SEISS) is back

With the new lockdown announced, HMRC are helping the self-employed again.   The SEISS grant has been extended in the form of two payments, each available for three-month periods which cover the quarters to 31st January 2021 and 30th April 2021

The Government will provide the taxable grant covering 55% of average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £5,160 in total.

The Criteria is the same as the previous grants, which even if you didn’t claim these, you will be able to claim these new ones.

To claim you will have to use the HMRC online portal which will be available from 14th December.

Please keep checking our website for up to date information as things can change on a daily basis.

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MPH Accountants

We offer a friendly and professional service to our clients. Our client base is wide and varied ranging from small one-man bands to large limited companies, and our business principle is the same in that each client, no matter what size, has their own individual requirements.

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