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Previously, SEISS grants have been worth one set percentage of average monthly trading profits for each cycle.
For example, SEISS grant one was worth 80 percent of average monthly trading profits, while SEISS grant two was worth 70 percent.
SEISS grant three was worth 80 percent of average monthly trading profits, and SEISS grant four will also be worth this amount for eligible claimants.
However, SEISS grant five will either be worth 30 percent of average monthly trading profits or 80 percent.
SEISS grant 5: How much grant will I get? How is turnover calculated? (Image: GETTY)
SEISS grant 5: The SEISS extension was announced by Chancellor Rishi Sunak in the March Budget (Image: GETTY)

SEISS - which stands for Self-Employment Income Support Scheme - is a form of financial support self-employed workers may be eligible to claim. The eligibility rules have changed for the fourth and fifth grant.

SEISS is the Government's support scheme for the self-employed during the coronavirus pandemic. The SEISS fourth grant will cover February to April 2021, so when will the online gateway open for applications?

THE SELF-EMPLOYED are facing difficulties due to the third national lockdown in England, so what percentage of average monthly trading profits will the fourth SEISS grant be worth?