Chapter 2
How much do you get under SEISS?
[ch 2: page 13]You will get a taxable grant based on your average trading profit over the three tax years 2016/2017, 2017/2018 and 2018/2019.
For the first three months, the grant is 80% of average monthly trading profits, paid out in a single instalment covering three months and capped at £7,500 in total. For the second three months, it is 70% of average monthly trading profits, capped at £6,570 in total.
Each grant is paid directly into a bank account in a single instalment.