The support to the self-employed 8 is increasing from 40% of trading profits to 80% for November.
SEISS is calculated over 3 months so this increases the total grant from 40% to 55% of trading profits for November to January and the max grant increases to £5,160.
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 £4.5bn of support for the self-employed between November and January.
Read more: https://www.gov.uk/government/news/government-increases-support-for-self-employed-across-the-uk
