Home Finance SEISS 4th grant amount: How much will the 4th SEISS grant be?

SEISS 4th grant amount: How much will the 4th SEISS grant be?

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For example, the third SEISS grant was originally intended to pay out 20 percent of average monthly profits, as opposed to 80 percent.

Then, infection levels rose drastically and the country had to cope with a third national lockdown, forcing the Treasury to up the amount back up to 80 percent.

Bearing that in mind, if the vaccine rollout continues on its successful trajectory and brings down infection rates, the Government may be compelled to reduce the amount again.

In this case, the Treasury could announce a small SEISS extension smaller than the current 80 percent provided.

That said, nothing has yet been confirmed and so it’s entirely unknown what the Government is planning to do with this next grant.



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