The government have outlined a further £4.6 billion support package to benefit more than 600,000 retail, hospitality and leisure sector business properties, with one off grants of up to £9,000 being made available. 

 The grants will be available to businesses forced to close under the current lockdown, 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

All applications for grants should be made through your local authority – you can find the right local authority for your application here.

 If you require any assistance please don’t hesitate to call us on 020 7625 4545 or email us at info@mgr.co.uk

Warning: The above is merely general guidance and should not be relied upon as formal advice. The advice we give to each client will depend on their specific circumstances. We suggest you take professional advice before taking any action in relation to the issues discussed above.