Grant available for eligible Tier 4 businesses in England

Due to the increase in the Covid-19 infection rate, the Government is reviewing its guidance to local authorities to support businesses in the new Tier 4 lockdown category.  

It is anticipated that Local Restrictions Support Grants (LRSG) will be in line with the level of support for businesses required to close during the previous lockdown period. 

The Government has advised that all Tier 4 businesses required to close will be eligible for grants of up to £1,500 for each 14-day period of closure. Grants will be administered by local authorities. We anticipate grants for eligible businesses could be available as follows: 

• For eligible properties with a rateable value of £15,000 or under, grants to be £667 for each 14-day period the business is closed
• For eligible properties with a rateable value of between £15,000-£51,000 grants to be £1,000 for each 14-day period the business is closed
• For eligible properties with a rateable value of £51,000 or over grants to be £1,500 for each 14-day period the business is closed  

Eligible businesses could include pubs and what are considered non-essential retail stores which have been forced to close. 

In a welcome development for the struggling hospitality sector, we also understand that some local authorities are set to begin accepting applications for the Christmas Support Payment for wet-led pubs . This could potentially allow them to access a one-off cash grant of £1,000 to support them over the festive period.

Your local authority website will provide the latest details on how to access funding and check you eligibility.

You may also check what coronavirus restrictions apply in your local area here. 

Need more help?

There are several ways in which we may be able to help. It’s always important to get good advice and that’s particularly true at this present time. If you need help please talk to us on 0800 0523 555 or use our online enquiry form. We can offer initial consultations, advice and support over the phone if you have any concerns about face-to-face meetings.

For our latest COVID-19 news and guidance for your business, visit our dedicated Coronavirus Hub.

 

Last updated: 5th January 2021