The scheme is being extended from 1 November.
The first grant will cover a 3 month period from the start of November until the end of January.
HMRC will provide a taxable grant covering 40% of average monthly trading profits. This is paid out in a single instalment covering 3 months worth of profits, and capped at £3,750 in total.
You’ll have to confirm to HMRC that your business has been adversely affected by coronavirus.