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The Chancellor revealed plans for the fourth grant – a fifth and final grant will come into play from May as part of his current budget in the House of Commons

The grants cover loss of income through February, March and April before extending from May to September due to the coronavirus crisis

Mr Sunak said in the House of Commons today: “We will continue to do everything we can to support the British people”

He later added, “An important moment is just around the corner. A moment of challenge and change Of difficulty, yes, but also of opportunity This is a budget that fulfills this moment”

Under the grant, those whose sales have decreased by 30% or more will continue to receive the full 80% grant

People whose turnover has decreased by less than 30% therefore require less support from taxpayers and receive a subsidy of 30%

In today’s budget, the Chancellor announced that the fourth grant 7Will be worth £ 500 and applications will be open shortly

Meanwhile, the value of the fifth grant is being assessed through a sales test to ensure that support is targeted to those who need it most in reopening the economy

People whose turnover has decreased by less than 30% receive a grant of 30%, which is based on 2850 GBP is limited. The final grant can be requested from the end of July

Support for the self-employed is awarded with a 4 Scholarship for February to April and a 5th Scholarship continued from May After the deadline for the tax return, you can now pay 600000 more people, many of whom became self-employed last year, the 4th and 5 Apply for a grant # Budget2021 BildTwittercom / 1nJO2ZmPqn

How exactly the self-employed can apply for the next coronavirus grant has yet to be confirmed

The Chancellor also confirmed a fifth payment for the self-employed and an extension of the vacation until September

It is likely that the cash payments will only be available to workers who meet certain criteria to acknowledge that some companies were forced to remain closed during the third national lockdown

Only people who filed a self-assessment tax return for the 2018-2019 period were able to apply as the government sought ways to avoid widespread fraud

Self-employed people who are managing directors or who run their businesses as limited liability companies could not apply either

Prior to the announcement, there was speculation that the system could be suspended or scaled back drastically from May if lockdown restrictions are expected to be relaxed

It is not clear when the self-employed can claim the money, but applications could be made in the coming days

For the first three grants, applications were not opened until weeks after the grant period

For example, applications for the second grant were submitted on Jan. August opened, although the three-month period from the 14th July covered

MoneySavingExpert founder Martin Lewis previously criticized the government for not disclosing the details of the fourth payment earlier than what was budgeted

Martin Lewis said the delay “stops your planning, stops your budgeting, prevents you from having legitimate expectations”

He added, “One can only hope that the reason for this cruel delay is because significant changes are being made that can help more people”

To get a deep insight into how SEISS works, we have put together a guide with everything you need to know about the system

The Chancellor will answer questions from the press and the public in a press conference this evening at 5 p.m.

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4 self-employed scholarship, self-employed scholarship 4

Weltnachrichten – GB – Self-employed to get the fourth scholarship of 7Sunak reveals that getting £ 500 in budget

Source: https://www.thesun.co.uk/money/14211044/budget-2021-self-employed-fourth-grant/