The third grant for the self employment income support scheme will be available to claim from 30 November 2020, and must be claimed on or before 29 January 2021.
To make a claim for the third grant your business must have been impacted by coronavirus between 1 November 2020 and 29 January 2021.
You can make a claim for this grant if you’re eligible, even if you did not make a claim for the first or second.
To be eligible for the third grant you must be a self-employed individual or a member of a partnership. You cannot claim the grant if you trade through a limited company or a trust.
If you claim Maternity Allowance this will not affect your eligibility for the grant.
You must have traded in both the following tax years:
- 2018 to 2019 and also submitted your self-assessment tax return on or before 23 April 2020 for that year
- 2019 to 2020
You must either:
- be currently trading but are impacted by reduced demand due to coronavirus
- have been trading but are temporarily unable to do so due to coronavirus
You must also declare that:
- you intend to continue to trade
- you reasonably believe there will be a significant reduction in your trading profits
You must keep evidence that shows how your business has been impacted by coronavirus resulting in less business activity than otherwise expected.
A fourth grant will be available to cover the period February to April 2021. The government have not currently set out any further details regarding this.
