COVID-19: Grants for businesses affected by local lockdowns

Some welcome news for businesses affected by local lockdowns has been announced by the government.   Businesses can claim grants of between £1,000 and £1,500 every three weeks while they are required to be closed.
 
Summary details of the scheme:
  • Business must be required to close due to local COVID-19 restrictions.  Any business still closed at national level (such as a night club) is not eligible
  • If the occupied business premises has a rateable value of less than £51,000 they will receive £1,000
  • If the occupied business premises has a rateable value of £51,000 and above they will receive £1,500
  • Local authorities are responsible for paying the grants to businesses
  • Local authorities may impose further eligibility criteria
  • Each payment will be made for a three-week lockdown period.  Each new three-week lockdown period triggers an additional payment
  • The grants are taxable income
 Find out more

If you need further advice or support please contact your local Moore office

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