Rishi Sunak will announce an extension of support for self-employed people in his Budget speech. The Chancellor is set to make cash grants available to more than 600,000 people And while details are still to be confirmed, the Treasury say "many" people who became self-employed in 2019-20 will be eligible for support for the first time.
A fourth grant from the Self-Employment Income Support Scheme (SEISS) will be available to claim from April, worth 80% of three months' average trading profits up to £7,500.
The Treasury said that hundreds of thousands more people will be eligible for the grants this time, as tax return data for 2019/20 is now available.
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