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How are they working out average monthly profit on seiss 5?
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sharon1214
Posts: 9 Forumite
Hi,
Kind of looking for someone who’s already applied for the seiss 5
I know on previous seiss grants they took upto 4 years combined and averaged that out.
for seiss 5 did they take your reference year 19/20 and average that out by 12 months to work out how much you get? Or did they combine for 4 years again?
Kind of looking for someone who’s already applied for the seiss 5
I know on previous seiss grants they took upto 4 years combined and averaged that out.
for seiss 5 did they take your reference year 19/20 and average that out by 12 months to work out how much you get? Or did they combine for 4 years again?
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Comments
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The calculation is the same as for SEISS 4, but the turnover test may reduce it from 80% (equivalent to SEISS 4) to 30%.0
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