From our latest e-newsletter:
“At the Budget it was confirmed that a fourth Self-Employed Income Support (SEISS) grant will be set at 80% of 3 months’ average trading profits, paid out in a single instalment, capped at £7,500. This grant covers the period February 21 to April 21. The fourth grant will take into account 2019 to 2020 tax returns and will be open to those who became self-employed in tax year 2019 to 2020. The rest of the eligibility criteria remain unchanged.
Eligibility for the scheme will now be based on a submitted 2019 to 2020 tax return. This may also affect the amount of the fourth grant which could be higher or lower than previous grants received…”
This is the start of our last e-mail newsletter, sent out on Wednesday 17th March 2021. Our newsletters offer FREE advice and analysis of Government and HMRC announcements that may affect your business… and you don’t have to be a client to sign up.
Join the mailing list today and we’ll send your our full analysis of the Budget announcement on the 4th and 5th SEISS grants.
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Folkes Worton – Accounting for the Future