The self-employed have been amongst the hardest hit financially from the pandemic.
We are the collective voice of the self-employed. We bring together self-employed and freelance workers so we have a strong voice to lobby for much needed changes like an extension of workers rights to protect the self-employed while maintaining that freedom and flexibility you enjoy. We’re determined to support our self-employed members through this difficult period and as we enter the recovery.
Following our campaigning and lobbying, the Self-Employment Income Support Scheme (SEISS) has been extended through to September 2021.Here’s everything you need to know.
When will I be able to apply?
Phase 4 is now open and will cover the period February to April. It will be worth 80% of monthly trading profit for three months up to a total grant of £7,500 and will run in a similar way to previous phases. Most payments will be made in May and the deadline for making claims is 1 June.
How much will it be worth?
Phase 5 will open in July and cover the period from May to September. Unlike previous grants that just relied on self-employment income being hit by COVID, the amount will be according to the drop in income from year to year. If it has reduced 30% or more, then you’ll receive 80% of trading profit for three months up to a total grant of £7,500. If it’s reduced less than 30%, then you’ll receive 30% of trading profit up to a total grant of £2,850. The drop will be based on income calculations from the year to April 2020 vs the year to April 2021. Note that while the grant is based on profit, the percentage is based on a fall in income.
Do I need to have received support before?
No. Assuming that these phases run as in previous SEISS grants, you won’t need to have taken SEISS support in the earlier rounds to receive support going forward.
How do I know if I’m eligible?
You may have heard that some self-employed people have been excluded from receiving support. To find out if you are eligible, click here.
How do I apply?
To apply for the next phase of SEISS, click here.
To join Community, visit www.community-tu.org/join.