To ask the Chancellor of the Exchequer, if he will ensure that the fourth grant of the Self-Employment Income Support Scheme covering February-April 2021 remains at 80 per cent of an individual's average monthly trading profits.
18 January 2021
The Self-Employment Income Support Scheme (SEISS) has provided and will continue to provide generous support to self-employed people who meet the eligibility criteria. The third grant, combined with up to £14,070 worth of support for each individual from the first and second grants, makes the SEISS one of the most generous schemes for the self-employed in the world.
The first SEISS grant supported 2.7 million individuals with claims totalling £7.8 billion. A further £5.9 billion has been claimed through the second grant and, as of 13 December, £4.8 billion through the third SEISS grant.
The fourth grant will cover February to April 2021. The Government will set out further details, including the level of the fourth grant, in due course.