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NEWS: Second grant for self-employed now open for applications

Applications to apply for the second and final grant under the Self-Employment Income Scheme (SEISS) are now open. Those who were successful with the SEISS can now make a further claim as long as they can demonstrate that the virus is continuing to impact their business after 14 July. You can also make a claim for the second grant, even if you did not make a claim for the first grant. The claim for the second grant must be submitted on or before 19 October 2020.

The payment available will cover up to 70% of profits and paid out in a single instalment, covering three months’ worth of average monthly trading profits. This will be up to a cap of £2,190 a month for another three months, so up to £6,570 in total.

Liz Bayram, Chief Executive at PACEY comments:
“While we welcome the availability of this extension to the Self-Employment Income Scheme today and a second lifeline for many self-employed professionals across the UK, including registered childminders, we remain concerned about the thousands of childminders who did not qualify for this help.

“Childminders across the country, many of who remained open during the initial outbreak to support children of key workers and vulnerable children, are still missing out on this and other government financial support. And many childcare settings that continue to be open now, are working at a significantly reduced capacity. Over 40% of childminders are unsure if their service will survive the pandemic.

“We need immediate investment to help those providers who have yet to receive any help at all and long-term funding strategy that covers the real cost of delivery high-quality early education and childcare for children and families. We were delighted to hear that the Welsh Government is to provide grants of up to £5000 for childcare business that have yet to receive any other support. We need similar positive action in England."

Take a look at our Coronavirus spotlight for further support.