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I see the Self-Employment Funds Support from the Tax Office details were announced in March Budget .

The calculation will take account of the Tax Return 2020 figures submitted --- so theres a likelihood you will benefit as your Profits were reduced within £50,000 in 2020 Return of course.

You will be contacted in mid-April and Funds payment will be available to online apply for from late-April .

There will be a 5th Funds payment from late-July --- we will need to show that Profits in current tax-year to April 2021 have decreased by more than 30% to fully claim .



The Tax Office announcement details are here :

https://www.gov.uk/government/publications/self-employment-income-support-scheme-grant-extension/self-employment-income-support-scheme-grant-extension



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