T: 01332 380691
Ashgates - Accountants and Business Advisors based in Derby
  • Who We are
    • Client Reviews
    • Charity work >
      • 40 Something Challenge
    • Careers
    • Our Values
  • The Team
  • What we do
    • Accountancy Services >
      • Accounts
      • Audit
      • Bookkeeping, VAT & Management Accounts
      • Business Start-up Advice
      • Business Plans & Cashflow Forecasting
      • Company Secretarial
      • Payroll
      • Tax
    • Corporate Finance
    • Financial Services
    • HR Services
    • IT Services
    • Financial Software >
      • Sage
      • Xero
    • Sports Professionals
  • News
  • Contact
  • Resources
    • Budget 2021
    • COVID-19 Hub
  • Who We are
    • Client Reviews
    • Charity work >
      • 40 Something Challenge
    • Careers
    • Our Values
  • The Team
  • What we do
    • Accountancy Services >
      • Accounts
      • Audit
      • Bookkeeping, VAT & Management Accounts
      • Business Start-up Advice
      • Business Plans & Cashflow Forecasting
      • Company Secretarial
      • Payroll
      • Tax
    • Corporate Finance
    • Financial Services
    • HR Services
    • IT Services
    • Financial Software >
      • Sage
      • Xero
    • Sports Professionals
  • News
  • Contact
  • Resources
    • Budget 2021
    • COVID-19 Hub

Grants Available for Businesses Affected by Local Lockdown

15/9/2020

 
The Government have announced new grants will be available for businesses in England that are required to close due to local lockdown measures.

Payments are triggered by a national decision to close businesses in a high incidence area. Each payment will be made for a three week lockdown period and each new three week lockdown period triggers an additional payment.

The grants are available for each property that is closed at the following rates:

  • For businesses with property with a rateable value of £51,000 and over (or occupies a property or part of a property subject to an annual rent or mortgage payment of exactly £51,000 or above) they will receive £1,500 for every three weeks that the business is closed
  • For businesses with property with a rateable value below £51,000 (or occupies a property or part of a property subject to an annual rent or mortgage payment of less than £51,000) they will receive £1,000 for every three weeks that the business is closed
Other key points:
  • If a business is not on the business rates list, it may still be eligible to claim through a discretionary fund and you should contact your local authority
  • Local authorities will be responsible for distributing the grants to businesses in circumstances where they are closed due to local interventions
  • Any businesses that are still closed at a national level such nightclubs will not be eligible
  • The grants will be treated as taxable income.
 
Further information from the Government regarding this scheme can be found at:
https://www.gov.uk/government/news/ministers-announce-new-grants-for-businesses-affected-by-local-lockdowns

Comments are closed.

    Archives

    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    May 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016

    RSS Feed


​Services

Accounts
Audit
Bookkeeping
Business Start-up & Advice
Business Plans & Cashflow Forecasting
Company Secretarial
Corporate Finance
Financial Services
HR Services
IT Services
Management Accounts
Payroll
Sage
Sports Professional
Tax
​VAT
Xero


​Company

Who We Are
​What We Do
Client Reviews
Charity Work
Careers
Team Ashgates
Leave us a Review
​Terms of Use
Privacy Notice
​
Staying COVID-19 Secure in 2020
Cyber Essentials
Tweets by Ashgates

​Website build : Ashgates IT
​
© ASHGATES GROUP 2021. ​ALL RIGHTS RESERVED.
5 Prospect Place, Millennium Way, Pride Park, Derby, DE24 8HG