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<p>The Government announced at Budget 2021 that the Self-Employment Income Support
Scheme (SEISS) will continue until September, with a fourth and a final fifth grant.</p><p>
</p><p>The fifth and final SEISS grant, covering May to September, will include a
turnover test, known as a ‘Financial Impact Declaration‘(FID) in order to ensure that
the most generous support is targeted at those who need it the most. This will determine
whether claimants receive a grant worth 80% of three months’ average trading profits,
and capped at £7,500 or a grant worth 30% and capped at £2,850.</p><p> </p><p>Previous
SEISS grants provided support for a period that was subject to restrictive measures
across the UK to tackle the virus. As restrictions continue to be lifted, it is right
that the government begins to tailor the level of support provided.</p>
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