The deadline for applying for the 4th SEISS grant for self employed is 1st June.
This grant covers the period 1st February to 30th April 2021.
The good news is newer self employed businesses who submitted a tax return for the 19/20 tax year are able to apply this time.
HMRC are insisting there must be a significant reduction in trading profit for the period, but have not defined what is ‘significant’.
The grant will be 80% of 3 months of average trading profit, capped at £7500.
Further details and how to claim are found at www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme

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