| UPDATED: 15:33, Thu, Mar 18, 2021
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For several months, many self-employed people were hopeful the Self-Employment Income Support Scheme (SEISS) eligibility criteria would change for SEISS grant four. Directors of companies and the newly self-employed are among many self-employed people who have not been eligible for any of the previous SEISS grants to date. After several months of wondering whether more people could benefit from SEISS this year, Rishi Sunak finally announced a number of changes for SEISS grant four in his Budget announcement this month. Read on to find out m
SEISS - which stands for Self-Employment Income Support Scheme - is a form of financial support self-employed workers may be eligible to claim. The eligibility rules have changed for the fourth and fifth grant.
SEISS is the Government s support scheme for the self-employed during the coronavirus pandemic. The SEISS fourth grant will cover February to April 2021, so when will the online gateway open for applications?
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SEISS, or the Self Employment Income Support Scheme, was extended by Chancellor Rishi Sunak in his recent Budget, providing an important lifeline to millions of self-employed individuals. Mr Sunak also extended the terms of the scheme to allow, as the Government claims, an extra 600,000 people to potentially benefit from the scheme. Many will be keen to understand how the next self-employment grants will work and any steps they may need to take ahead of time.
| UPDATED: 08:53, Fri, Mar 12, 2021
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SEISS has provided millions of self-employed workers with support throughout the pandemic but due to stringent eligibility rules, millions of workers found themselves ineligible for the grants. Rishi Sunak faced multiple calls to remedy this and in the 2021 Budget, the Chancellor addressed the problems to a certain extent.