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East Worthing and Shoreham
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Government increases support for self-employed across the UK

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  • government increases support under the third instalment of the UK-wide Self-Employment Income Support Scheme, with people receiving 80% of average trading profits for November
  • grants will also be paid faster than previously planned – with the claims window opening at the end of November rather than the middle of December
  • the increase means £4.5 billion of support for the self-employed between November and January
  • more businesses will also be able to benefit from government loan schemes which have been extended to the end of January, while firms can ‘top up’ existing Bounce Back Loans should they need additional finance

To reflect the recent changes to the 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.

And to ensure those who need support get it as soon as possible, payments will also be made more quickly with the claims window being brought forward from 14 December to 30 November.

The changes will 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.

As SEISS grants are calculated over three months, the uplift for November to 80 per cent, along with the 40 per cent level of trading profits for December and January, increases the total level of the third grant to 55 per cent of trading profits. The maximum grant will increase to £5,160.

This provides broadly equivalent support to the self-employed as we are providing to employees through the government contribution in the Coronavirus Job Retention Scheme in November and then the Job Support Scheme in the two subsequent months.

So far, the government has provided £13.7 billion of support to self-employed people through the crisis, with the world-leading scheme among the most generous in the world.

In September, the Chancellor announced an extension of the SEISS to provide support throughout the Winter period, with two grants to cover the period until April.

The SEISS continues to be just one element of a comprehensive package of support for the self-employed. In addition to this they can also access other elements of the package which includes Bounce Back Loans, tax deferrals, rental support, mortgage holidays, and other business support grants.

These government backed loan schemes have already supported more than 1 million businesses to access over £60 billion of finance.

Further information

  • to be eligible for the Grant Extension self-employed individuals, including members of partnerships, must:
  • have been previously eligible for the Self-Employment Income Support Scheme first and second grant (although they do not have to have claimed the previous grants)
  • declare that they intend to continue to trade and either:
  • are currently actively trading but are impacted by reduced demand due to coronavirus
  • were previously trading but are temporarily unable to do so due to coronavirus
  • This follows the CJRS being extended until December. This provides broadly equivalent support to the self-employed as is being provided to employees through the government contribution in the Coronavirus Job Retention Scheme in November and then the Job Support Scheme in the two subsequent months.

More information about financial support for jobs and businesses

See Also

Coronavirus (COVID-19)

17 May: What’s changed You should continue to work from home if you can.

Coronavirus

  • Coronavirus
  • Red, amber and green list rules for entering England
  • Update on Covid-19 Testing: Home Testing Kits Available
  • Vaccine Passports
  • COVID Update, 29th May 2021
  • COVID Update, 8th May 2021
  • COVID Update, 25th April 2021
  • COVID Update, 17th April 2021
  • COVID Update, 10th April 2021
  • COVID Update, 27th March 2021
  • COVID Update, 20th March 2021
  • COVID Update, 13th March 2021
  • COVID Update, 6th March 2021
  • COVID Update, 20th February 2021
  • West Sussex COVID Update, 17th February 2021
  • People on Learning Disability Register invited for vaccination
  • Vaccine priority groups
  • When will I get my jab?
  • Support for local Adur and Worthing Businesses
  • New protections for renters over duration of national restrictions
  • Government extends Furlough until end of April 2021
  • Clinically extremely vulnerable receive updated guidance in line with new national restrictions
  • New guidance to support safe care home visits during lockdown
  • Government increases support for self-employed across the UK
  • Hands, Face, Space
  • NHS Test and Trace
  • Face coverings in education
  • Update on changes to Veterans UK Services
  • Help for Charities
  • New hotline launched to report COVID fraudsters
  • Winter Economy Plan
  • Support for Domestic Abuse Victims

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