Government issues new Treasury Direction in relation to the third payment under the Self-Employment Income Support Scheme

Direction confirms that claims for SEISS 3 must be made on or before 29 January 2021

The Government has issued a new Treasury Direction in relation to the third payment under the Self-Employment Income Support Scheme (SEISS).

Following the Chancellor's announcement on 5 November 2020 that a third SEISS grant is to be paid to cover February to April 2021, a further Treasury Direction has been made under section 71 and section 76 of the Coronavirus Act 2020 which confirms that SEISS 3 is a modification and extension of SEISS and accordingly all the provisions of SEISS and SEISS Extension will apply. 

In addition, the Schedule to the Direction clarifies that - 

• a claim for SEISS 3 must be made on or before 29 January 2021;
• a claim may only be made for a SEISS 3 payment in respect of the period beginning on 1 November 2020 and ending on 29 January 2021 in relation to a trade of which the business has suffered reduced activity, capacity or demand in that period due to the adverse effect on the business of coronavirus (COVID-19) disease.

The Further Treasury Direction made under Sections 71 and 76 of the Coronavirus Act 2020 is available from gov.uk