More details are expected shortly about the government’s latest lockdown support for businesses announced by chancellor Rishi Sunak earlier this month.
Businesses that have had to close as a result of the national lockdown imposed by government from January 5 may be eligible for a one-off grant of up to £9,000.
The cash is part of new £4.6bn package to help businesses during the latest national lockdown imposed by the government as it looks to slow the spread of Covid-19 in the community.
The government says the one-off ‘top-ups’ will be granted to closed businesses in the retail, hospitality and leisure sectors as follows:
• £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 more than £51,000
Any business which has been legally required to close and which cannot operate effectively remotely may be eligible.
On top of that a new £594m discretionary fund is being made available to local councils to support impacted businesses outside retail, hospitality and leisure.
Businesses have been advised to visit their local council’s website to find out how to apply for the latest grant support.
Local authorities say that are currently awaiting more details about how the latest support schemes will operate. Once available that information will be made available on their websites.
Here are some of the council websites in Lancashire where details and information on all the various support schemes, eligibility and what businesses need to do to apply can be found:
WNJ is here to provide help, advice and support to all our clients during this difficult period. Please get in touch with any issues you may be facing.
Businesses that had to shut between November 5 and December 2 last year, as a result of the government’s earlier restrictions, may also be eligible for cash support.
Those that qualify may be entitled to a grant from their local council for each 28-day period under national restrictions.
Your business may be eligible if it:
• occupies property on which it pays business rates and is the ratepayer
• was required to close because of the national restrictions from November 5 to December 2, 2020
• was unable to provide its usual in-person customer service from its premises
This could include non-essential retail, leisure, personal care, sports facilities and hospitality businesses.
It could also include businesses that operate primarily as an in-person venue, but were forced to close those services and provide a takeaway-only service instead. Eligible businesses can get one grant for each non-domestic property.
If your business has a property with a rateable value of £15,000 or less, you may be eligible for a cash grant of £1,334 for each 28-day qualifying restrictions period.
If your business has a property with a rateable value over £15,000 and less than £51,000, you may be eligible for a cash grant of £2,000 for each 28-day qualifying restrictions period.
If it has a property with a rateable value of £51,000 or above, you may be eligible for a cash grant of £3,000 for each 28-day qualifying restrictions period.
The lockdown rules for England are set to be reviewed on February 15.