Deadline looms for self-employed to get government help

Time is running out to secure help from the first round of the Self-Employment Income Support Scheme.

Time is running out to secure help from the first round of the Self-Employment Income Support Scheme (SEISS), the government’s fund for self-employed people whose businesses have been hit by the pandemic. You must make your claim by the end of 13 July.

The SEISS offers taxable grants worth 80% of your average monthly trading profits. They are paid out as a single lump sum covering three months of profits, but are capped at a maximum of £7,500.

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David Prosser
Business Columnist

David Prosser is a regular MoneyWeek columnist, writing on small business and entrepreneurship, as well as pensions and other forms of tax-efficient savings and investments. David has been a financial journalist for almost 30 years, specialising initially in personal finance, and then in broader business coverage. He has worked for national newspaper groups including The Financial Times, The Guardian and Observer, Express Newspapers and, most recently, The Independent, where he served for more than three years as business editor.