Last week, the furlough scheme for employees was extended until Oct. So no surprise the most common question I’ve had this week is whether SEISS will be extended too. While the lump sum payouts are being made now, these cover income for Mar to May, so the period covered ends in just 11 days.
Sadly, there is no official news, and I’m afraid the response to the feelers I’ve put out aren’t great. SEISS’s future is currently being considered, but it’s far from certain if another lump sum will come. I’ve tweeted the Chancellor on it (feel free to retweet to increase the pressure). Overall, to manage expectations, I’d say it’s only 50-50 if there’ll even be another payment. I hope for news soon – updates as always via my social media, in the coronavirus self-employed guide and here.
Source: Money Saving Expert