Grants introduced for businesses affected by local lockdowns

The government has now announced that businesses ordered to close as a result of local lockdowns may be eligible for a cash grant for every 3 weeks that they stay closed. This is referred to as the Local Lockdown Business Support Scheme. Payments are triggered by a national decision to close businesses in a high incidence area. Each payment will be made for a 3-week lockdown period. Each new 3-week lockdown period triggers an additional payment. If a business occupies a premises with a rateable value of less than £51,000, or occupies a property (or part of a property) subject to an annual rent or mortgage payment of less than £51,000, it will receive a grant of £1,000....
This is member only content

Please LOGIN to read the full article.

Not a member? Please click here to join today.

More from GCMA News