Home Finance Fourth SEISS payment date: How long will it take to receive payment?

Fourth SEISS payment date: How long will it take to receive payment?

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Who is eligible for SEISS grant four?

Some 600,000 extra people are now expected to be eligible for SEISS grant four, as long as 2019 to 2020 tax returns were filed by March 2, 2021.

To get the SEISS grant, claimants need to have traded in the 2019 to 2020 and the 2020 to 2021 tax years to be eligible.

Claimants must be currently trading but  impacted by reduced demand due to coronavirus, or have been trading but are temporarily unable to do so.

Further details are expected in due course, but it is understood people with trading profits above £50,000 are not eligible for the scheme.

A claimant’s self-employed profits must also be at least equal to their non-trading income to claim the fourth grant.



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