The second extended grant will cover three months from February 2021 to April 2021.
HMRC has not yet announced how much the second extended grant will be worth.
Previously under the SEISS scheme, grants were worth considerably more than the Government is currently offering the self-employed.
The first grant was worth 80 percent of average monthly trading profits, capped at £7,500 in total.
The second grant was worth 70 percent of average monthly trading profits, capped at £6,570 in total.