To reflect the recent changes to the UK furlough scheme, the UK-wide Self-Employment Income Support Scheme (SEISS) will be made more generous – with self-employed individuals receiving 80% of their average trading profits for November.
Payments will also be made more quickly with the claims window being brought forward from 14 December to 30 November.
The changes aim to ensure that self-employed individuals who temporarily cannot carry out their business or have suffered reduced demand due to the outbreak are supported over winter.
In addition, more businesses will be able to access additional support as deadlines for applications for government-backed loan schemes and the Future Fund have been further extended until 31 January 2021.
To be eligible for the Grant Extension self-employed individuals, including members of partnerships, must: