Birmingham grants for businesses - who qualifies and how much your firm is entitled

The help available for businesses during the new lockdown 3


grants for businesses in third lockdown - who qualifies and how much your firm is entitled

 

Which businesses are included?

Grants of up to £9,000 per property will be offered to businesses in the retail, hospitality and leisure sectors, the Treasury said.

The payments are expected to cost £4 billion and support 600,000 business properties across the UK.

How much will my business get?

The Treasury said the one-off grants will be linked to business rates, with payments of £4,000 for businesses with a rateable value of £15,000 or less £6,000 for businesses with a rateable value of between £15,000 and £51,000, and £9,000 for businesses with a rateable value of more than £51,000

What about businesses not covered by the new grants?

Another £594 million will be made available to councils and devolved nations to support businesses not covered by the new grants.

 

Source: https://www.birminghammail.co.uk/news/midlands-news/9000-grants-businesses-third-lockdown-19564044