Those impacted by the latest lockdown will receive 80% of average trading profits for November, double the present system.
As Self-Employment Income Support Scheme grants are calculated over three months, the uplift for November to 80%, along with the 40% level of trading profits for December and January, increases the total level of the third grant to 55% of trading profits.
As a result, the maximum grant will increase to £5,160.
To ensure those who need support get it as soon as possible, payments will also be made more quickly with the claims window being brought forward from 14 December to 30 November.