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SEISS replacement: new Targeted Income Grant Scheme creator condemns Rishi Sunak | Personal Finance | Finance


| UPDATED: 12:04, Sat, Feb 6, 2021
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SEISS grants can be received into mid-2021 under current rules and the fourth set of grants will soon become available. While millions of self-employed workers have been supported by SEISS, Rishi Sunak has been criticised for creating stringent rules that have made millions ineligible for support, with ExcludedUK, Forgotten Ltd and Pregnant Then Screwed emerging to push the Chancellor for change. ....

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SEISS UK: Guidance issued on how the 'struggling' self-employed can prepare for 2021


| UPDATED: 12:48, Mon, Jan 11, 2021
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SEISS, or the Self-Employment Income Support Scheme, has been criticised several times in recent months as it became clear many would be excluded from Rishi Sunak s support. The Government has made attempts to address it with limited success. ....

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Universal Credit: Payments may be reduced by SEISS grants as a deadline falls this month


These allowances are based on age and relationship status and are as follows:
single and under 25 - £342.72 per month
single and 25 or over - £409.89
in a couple and both are under 25 - £488.59 (for both)
in a couple and either are 25 or over - £594.04 (for both)
Universal Credit can be impacted by SEISS grants (Image: GETTY)
Regardless of what s actually awarded, all claimants could see their payments reduced if they receive certain income.
Generally, if a person is employed, their Universal Credit will reduce by 63p for every £1 earned.
The self-employed could also see their Universal Credit income reduce if they receive support from SEISS. ....

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