HMRC announces third and fourth SEISS grants

HMRC has announced that there will be a third and fourth SEISS grant.

The third grant will cover the months November 2020, December 2020 and January 2021; the fourth grant will cover the period February to April 2021.

The third grant will be worth 20% of your average profits up to a maximum of £1,875; the level of the fourth grant is yet to be announced.

The claims process will be announced in due course, but it will likely be similar to the first two grants, ie HMRC will let you know if you qualify and when you can make a claim, and I will not be able to submit the claim on your behalf.

As with the previous grants, you should be actively continuing to trade and you should be adversely affected by Covid-19.

Please note, if you qualified to receive the second grant but you have not yet made a claim, you should do so as soon as possible as the filing deadline is 19 October 2020.