Further Treasury Direction published in relation to the SEISS
15 April 2021
HM Treasury published a further Treasury Direction and minor correction piece in relation to the fourth grant that will be available under the Self-Employment Income Support Scheme (SEISS).
Claims can be submitted from late April and will cover the periods of February, March and April. Workers who meet the qualifying criteria can claim 80% of average monthly profits, capped at £2,500 per month. The payment will be made in one lumpsum, so the maximum that can be received will be £7,500.
The document discusses:
- Introductory provisions
- Eligibility
- SEISS 4 payments
- General elements
The document also confirms that claims for the fourth grant must be submitted by no later than 1 June 2021.
The information in this article is accurate at the time of publication. For all the latest information, news and resources on how the COVID-19 pandemic is affecting payroll professions, visit our Coronavirus hub.