
Self-Employment Income Support Scheme (SEISS)
What is SEISS? The scheme was announced by the chancellor Rishi Sunak on 26th March 2020. Designed to assist Self-Employed individuals whose trade has been
What is SEISS? The scheme was announced by the chancellor Rishi Sunak on 26th March 2020. Designed to assist Self-Employed individuals whose trade has been
This has been running since 19th March 2020. The Government will pay 80% of a standard/average wage of an employee who was on a
This scheme has evolved over time, with banks initially proving uncooperative given the possible risk to the lender, hence the Government now stepping in
This scheme was announced in response to the difficulties with the CBILS scheme, with a lengthy time required in order to go through the application process