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Guidance on the new fifth SEISS grant
From late July, eligible self-employed individuals or partners in partnerships will be able to claim the fifth Self-Employment Income Support Scheme (SEISS) Grant.
This grant is different from the first four grants as there are two levels of grant available. Some claimants will have to do a Financial Impact Declaration (FID) test to compare their turnover and determine which level of grant they are entitled to. LITRG has published guidance on who is eligible for the fifth grant and how this new grant works, including examples explaining the FID turnover test.
The guidance can be found here.
Contact: Claire Thackaberry (click here to Contact Us)
First published: 16/07/21