As the announcements keep coming and our plans keep having to change, I thought it best to provide you with new information now, rather than waiting until after the Christmas break.
With parts of England going into Tier 4, the Government have revised the Local Restrictions Support Grant.
England Local Restrictions Support Grant
With parts of England going into Tier 4, the Government have revised the Local Restrictions Support Grant.
What is the Objective?
- To support businesses, based in Tier 2, Tier 3 and Tier 4 areas, forced to close as a result of a Government decision.
What is the level of support?
- Premises with a rateable value of £15,000 or less may be eligible for a cash grant of £667 for every 14 day period of lockdown.
- Premises with a rateable value of over £15,000 and less than £51,000 may be eligible for a cash grant of £1,000 for every 14 day period of lockdown.
- Premises with a rateable value of over £51,000 or above, may be eligible for a cash grant of £1,500 for every 14 day period of lockdown.
- Each business can obtain a grant for each non-domestic property in the restriction area.
- The grant will be taxable.
Business Eligibility Criteria
- It is based in England.
- Local Tier 2 and Tier 3 restrictions, the first full day of closure must have been on or after 9th September 2020.
- It has been required to close for at least 14 days.
- It has been unable to provide its usual in-person customer service from its premises. E.g. pubs and restaurants who primarily operate as an in-person venue who now offer a takeaway service.
Any businesses not eligible?
- It continues to operate during the period of restrictions because the business does not depend on providing direct in-person services from their premises (for example, accountants).
- Local restrictions are introduced for less than 14 days or the business is closed for less than 14 days.
- The business has chosen to close, but has not been required to close as part of local restrictions.
- The business has been subject to national closures, since 23 March 2020, such as nightclubs (these may be eligible for other grant support).
- The business is in administration, insolvent, is subject to a striking-off notice or has been struck off the Companies House register.
- It has exceeded the permitted state aid threshold.
How to apply?
- Through your Local Authority. Check out their website.
If you would like to discuss the content of this blog with me please do not hesitate to get in touch.
info@togetherwecount.co.uk
www.togetherwecount.co.uk
https://g.page/Together-We-Count-Limited?gm
01273 569088
0114 400 0119
info@togetherwecount.co.uk
www.togetherwecount.co.uk
https://g.page/Together-We-Count-Limited?gm
01273 569088
0114 400 0119
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