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Self-Employment Income Support Scheme (SEISS)
As part of the March budget the government announced a fourth and fifth grant to help support those who are self-employed. The fourth grant was for February 2021 to April 2021. The fifth grant is for May 2021 to July 2021 and will pay 80% of the average trading profits if an individual has seen a drop in turnover of 30% or more. For those who haven’t been as severely affected 30% will be paid. This fifth grant will be available to claim from July 2021.