How to access government Coronavirus grants for your business

January 7th, 2021     Covid-19 Business Support

On 5 January, the Chancellor announced a further round of one-off grants for the retail, hospitality and leisure sector businesses.

As with the previous rounds of such funding the grants will be based on rateable value of property, and on a per property basis. The amounts being 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

The grants will be administered by local authorities/councils.

As with the previous rounds of funding, there should be no required action from qualifying businesses as the relevant local authority/council should be in contact with them in relation to this new grant.

The Chancellor also announced a discretionary grant fund that will be made to councils to administer support to businesses that are impacted by the restrictions but do not qualify for the above one-off grant.

For a full round up of government grants administered by local councils for businesses impacted by the Coronavirus and businesses that have had restrictions imposed on them click here for:

Torbay Council

Teignbridge District Council

South Hams District Council

West Devon Borough Council

Exeter City Council

Plymouth City Council

East Devon District Council

If we can help and advise you in any way, please get in touch with Andrew Price on 01803 296678