SEISS Round 4 - Applications Now Open

HMRC has announced that the application process for the fourth round of SEISS is now open, with a deadline for claims of 1 June 2021.

This round covers the period 1 February 2021 to 30 April 2021 - claims should be made via the same mechanism as the previous three versions and the declaration that ongoing trade has been impacted by Covid will again be required. 

As a reminder, this round of the scheme provides a grant of up to £7,500 based on 80% of the average monthly self employed and/or partnership profits for the 2017, 2018, 2019 and 2020 tax years for three months (capped at £50k per annum – profits in excess of this remove eligibility).

In order to be eligible for this round (and the final fifth round) the 2020 self assessment tax return must have been submitted to HMRC by midnight on 2 March 2021.  

If you have any questions regarding this or anything else please get in touch, and for regular updates, announcements and news please check our website (www.dsaprospect.co.uk) and make sure you’re following our LinkedIn page: https://www.linkedin.com/company/dsa-prospect-ltd