The SEISS grant has been essential to millions of people living through the pandemic without any income of their own by subsiding their earnings up to £2,500. While the third grant is currently underway, with applications due to close on January 29, not much has been said about grant 4, to the dismay of self-employed workers. The Government and Treasury have already been criticised for waiting til the very last minute to give workers the information they need, and this time is likely to be the same.
Self-employed workers are going to have to wait until the March Budget to be informed of future plans for the grant.
Details of the fourth self-employed payment won’t come until March 3, one month after the beginning of the period the grant is designed to cover.
Money Saving Expert Martin Lewis revealed the amount of money people can get and who will be eligible for the next grant will be announced alongside the Government’s upcoming spending plans.
The Budget will be delivered by Chancellor of the Exchequer Rishi Sunak on Wednesday, March 3, likely to be sometime after 12pm.Insurance Loans Mortgage Attorney Credit Lawyer
READ MORE: SEISS questions: Can you still claim self-employed grant if you work?
When will 4th SEISS grant be announced? Date confirmed (Image: Getty)
SEISS grant 4: Rishi Sunak is expected to announce the SEISS 4 in months (Image: Getty)
In a video posted to Twitter, Mr Lewis called the decision “unnecessarily cruel” for making the most financially vulnerable people wait to see if they can claim.
The money saving expert said: “The fourth grant period is to cover the months February, March and April.
“Yet the confirmation I’ve just had from the Treasury is that there will not be an announcement made on the amount of that grant, and who’s eligible for that grant, until the Budget which is on March 3.
“So over a month after the grant period starts, there won’t be news on exactly how much money you can get and who is going to get it.”
SEISS grant 4: Martin Lewis said the decision was