HMRC has confirmed that the online service for applications for the fourth Self-employment Income Support Scheme (SEISS) grant is now open for claims.

Applications cannot be handled by accountants or tax advisers and therefore must be submitted by the individual self-employed worker.

The fourth grant will be 80% of three months’ average trading profits, to be claimed from late April 2021.

Payment will be in a single instalment capped at £7,500 in total and will cover the period February to April 2021. The scheme has been extended to those who filed a 2019/20 self-assessment tax return prior to 3 March 2021.

All claims must be made on or before 1 June 2021. Claimants must have been impacted by reduced activity, capacity and demand, or have been trading previously and are temporarily unable to do so.

There is no requirement for an earlier SEISS grant to have been claimed to be able to claim the fourth grant. Applications for the fourth grant can be made here.

“These grants are a great help for those who are self employed and have been impacted by COVID-19. Make sure to get your applications in before the deadline of 1 June 2021.”

Nigel Holland