Following the whole of the UK entering into a third lockdown, there have been further announcements from the Government. On the 5th January 2021, the Chancellor Rishi Sunak announced a one-off grant for England aimed at the hospitality, retail and leisure sectors of up to £9,000 per business premises. This is in addition to the Local Restrictions Support Grants announced in 2020.
England new lockdown grant for the retail, hospitality and leisure sectors
This new lockdown grant will comprise of a one off grant on a per property basis.
- £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
Businesses forced to close due to Government imposed Covid-19 restrictions are eligible and should apply through their Local Authority.
The Chancellor has also provided additional funding for Northern Ireland (£127 million), Scotland (£375 million) and Wales (£227 million).
We are here to help
If you would like to discuss your business and the available government COVID-19 support measures, please do get in touch with the team at DRG Chartered Accountants. We would be very pleased to hear from you.
DISCLAIMER: This information is for guidance only, and professional advice should be obtained before acting on any information contained herein. We will not accept any responsibility for loss to any person as a result of action taken or refrained from in consequence of the contents of this publication.