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Grants for businesses during lockdown 3

January 8, 2021gloverstanburyUncategorizedNo comments

The government announced one-off top up grants worth up to £9,000 for businesses in retail, hospitality and leisure.

How does the grant work

  • £4,000 for businesses with a rateable value of £15,000 or under
  • £6,000 for businesses with a rateable value between £15,000 and £51,000
  • £9,000 for businesses with a rateable value of over £51,000

A £594 million discretionary fund will be made available to support other impacted businesses.

There will also be an additional discretionary grant funding for Local Authorities, Local Restrictions Support Grants worth up to £3,000 a month.

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