The help available for businesses during the new lockdown 3
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
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