New top-up grants for businessesPublished Wednesday, 06 January 2021
The government has announced one off top-up grants to closed businesses
The grants will consist of:
- £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.
A further £594 million is also being made available for local authorities and the devolved administrations to support other businesses not eligible for the grants that might be affected by the restrictions.
We are awaiting further information about how these grants will be delivered and will update you as soon as we have more information.