Thousands of people have until MIDNIGHT to get £7,500 payment due to coronavirus crisis
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The Self Employment Income Support Scheme closes for applications at midnight tonight (Monday, July 13).
While applications will soon be opening for the second and final self-employment grant on August 17, anybody planning to claim the first grant does not have long left to apply.
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Hide AdThe first grant is worth 80 percent of monthly trading profits over a three month period, capped at £7,500 in total.
According to the Gov.uk website, if you receive the grant you can continue to work, start a new trade or take on other employment including voluntary work.
The grant does not need to be repaid but will be subject to income tax and self-employed National Insurance.
HMRC will work out if you’re eligible and how much grant you may get.
To make a claim on the gov.uk website, click here.