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Self Employed Income Support Scheme (SEISS) – 4th Grant

The system for applying for the 4th SEISS grant opens from 22 April 2021 to 29 April 2021. All grant applicants should be able to use the HMRC system by 29 April 2021.

To be eligible for the grant, claimants need to confirm that:

  • They have traded in 2019/20 and 2020/21.
  • Are currently trading, or are temporarily unable to do so due to the impact of Covid.
  • Intend to continue trading.
  • They believe that there will be a significant reduction in their trading profits due to Covid

The base years for the calculation of the grant are tax years 2016/17 to 2019/20.

As a result of the inclusion of 2019/20 tax year details in the grant claim, HMRC anticipate that up to an additional 600,000 taxpayers may be eligible for a grant compared to SEISS 3.

The grant is calculated at 80% of three months trading capped at £7,500.

To qualify for the grant, taxpayers need to have submitted their 2019/20 tax return by 2 March 2021.

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