Published On: Mon, Aug 17th, 2020

Self employed second grant deadline: When is the deadline to apply for second SEISS grant? | Personal Finance | Finance


Chancellor of the Exchequer Rishi Sunak introduced the Self-Employment Income Support Scheme (SEISS) in March, when the UK went into lockdown due to the coronavirus pandemic. The scheme initially allowed self employed to claim a taxable grant worth 80 percent of their average monthly trading profits, covering three months’ worth of profits. The grant had a cap at £7,500 in total.

In June, the Government said the scheme would be extended and a second SEISS grant was announced.

The second grant will be worth 70 percent of self employed’s average monthly trading profits, covering three months’ worth of profits.

The scheme has a cap at £6,570 in total and will be paid out in a single instalment.

This grant only applies to those who have lost earnings on or after July 14.

READ MORE: Self employed scheme extension: When can I claim second grant?

To claim you’ll need your:

  • Government Gateway user ID and password – if you do not have a user ID, you can create one when you make your claim
  • UK bank details (only provide bank account details where a Bacs payment can be accepted) including:
  • bank account number
  • sort code
  • name on the account
  • your address linked to your bank account



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