Cash Grants for businesses severely disrupted by Tier 2 restrictions in England

Additional government funding is being provided to local authorities to support businesses in Tier 2 lockdown. These will be businesses which are not legally closed, but which are severely impacted by restrictions on socialising.

The changes will be welcomed by affected concerns in the hospitality sector who will now receive 70% of the grants paid to businesses legally closed.

Benefits for Tier 2 businesses

Grants available will be based on the Rateable Value (RV) of business premises:

• RV of £15,000 or under, grant of £934 per month
• RV between £15,000 and £51,000, grant of £1,400 per month
• RV above £51,000, grant of £2,100 per month.

Claims can be back-dated to the point at which these restrictions began.

Affected businesses should contact their Local Authority to determine the amount and date that they should start to receive this additional support.

Possible support for businesses not in the business rates system

Local Authorities in England are also being funded – a 5% top-up – to help businesses affected by partial lockdown who may not be registered with rated business premises.

Affected businesses should contact their local authority to see if funding will be made available.