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Additional Self Employed Support

Self-employed people whose work has been affected by coronavirus will receive a "second and final" grant in August.

They will be eligible for a second payment in August of up to £6,570 it was announced on Friday.

How the scheme works

Until now, self-employed workers who qualify have been in line for a grant of 80% of their average profits, up to £2,500 a month for three months. This is being paid in one instalment.

Those whose work has been affected by coronavirus will still be able to apply for this lump sum until 13 July.

The government announced applications for a second taxable grant will open in August.

This will be slightly less, covering 70% of the applicant's average monthly trading profits.

It will also be made in a single payment, covering three months and capped at £2,190 a month, or £6,570 in total.

Applicants will need to confirm their work has been affected by the virus, but they would not need to have taken the first grant to be eligible for the second.

For more detail click here.

 

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