How Much Is Your Fifth SEISS Grant?

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October 22nd 2021
Tax Week 29
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How Much Is Your Fifth SEISS Grant?

May to September 2021 will be supported by SEISS but with varying payouts depending upon the level of impact the pandemic has had on turnover.

Details of a fifth SEISS grant were announced in today's Budget.

The grant will cover the months of May to September 2021, but the payout will only cover three months.

In a change to previous grants, claimants are asked if they have suffered a 30 percent or more drop in turnover in the period from April 2020 to April 2021. If the claimant has then payouts will be based on 80 percent of profits capped at £7,500. However, if not then payouts will be based on 30 percent of profits capped at £2,850.

Use the tool below to see how large a support grant you could receive in the fifth phase of SEISS for which claims start from around late July:

Self Employed Income Support Scheme
How much is your fifth grant?
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Adjust your details above and the calculation will automatically refresh!

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