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Self-employment income support scheme extension

23 February 2021 / Emma Rawson
Issue: 4781 / Categories: Comment & Analysis
40409
Mind the gaps

Key points

  • The self-employment income support scheme (SEISS) has provided £18.9bn of support.
  • A lack of data and fraud concerns prevented help for the newly self employed.
  • Unlike the coronavirus job retention scheme (CJRS) higher earners have been excluded from support under the SEISS.
  • Some self-employed individuals who took time off to care for children received a lower than expected grant.
  • Company directors did not qualify for the SEISS and may not have been entitled to CJRS support.

The self-employment income support scheme (SEISS) has provided support to many self-employed individuals since it was first launched at the start of the Covid-19 crisis in March 2020. At 31 December 2020 more than 6.8 million such grants had been claimed totalling £18.9bn of support. However the SEISS eligibility criteria mean that not everyone who is self-employed has been able to qualify for a grant and there...

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