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Business Services • Coronavirus Advice
Extension to the self employment support scheme
By RJP LLP on 1 June 2020
The self employment support scheme is being extended, Rishi Sunak has announced, and those who are eligible for the scheme will now be able to claim a further grant in August.
You can check online through your Government gateway account to see if you are eligible.
The second grant will be 70% of average monthly trading profits, whereas the previous grant was 80%. It will be paid in a single instalment to cover three months and it will be capped at £6,570 (previously £7,500).
As before, the money will be paid directly into a claimant’s bank account within six working days of completing the claim.
Applications will open in August and further guidance will be available on 12 June.
