As we prepare to enter another lockdown, despite having been here before, it makes it no easier for you or your business to deal with.
As always, information from Government is being released in stages and we endeavor to keep you as up to date as possible.
Following on from last night’s announcement the chancellor is making £4.6 billion available in the form of one off grants, for retail, hospitality and leisure, discretionary funds for impacted business and further funding for local authorities. This also includes the previously announced extension of the Coronavirus Job Retention Scheme (Furlough).
Please note, it is thought the discretionary grants will be on a first come first served basis, distributed by local authorities, please ensure you check their websites regularly for information on how to apply for these.
These are new grants and are in addition to any other support claims you have made previously.
One-off top up grants will be available to closed businesses 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 over £51,000.
For more information, please visit : https://www.gov.uk/government/news/46-billion-in-new-lockdown-grants-to-support-businesses-and-protect-jobs
The money will be available on a per property basis as it was announced that most businesses will be closed until mid-February.
There was also a document published by government with regards to the rules that must be adhered to over the coming weeks, we have included the link below for your information.
We currently have no further information on SEISS or Furlough and therefore assume these are remaining the same as previously announced.
As always, we are here to assist you in any way possible. Please contact us if you have any questions or require further support on 01482 888820.