The latest business grant funding, to cover the national restriction measures put in place by Government, are a one-off payment for the 28-day period from 5 November to 2 December 2020. This grant funding is only available to businesses that have been told to close.
To qualify for this grant, your business premises must be in the East Suffolk area and have been:
Businesses that have been mandated to close by Government include:
The funding is only available for businesses that were required to close because of the formal publication of lockdown regulations under Public Health legislation, the funding is not available to businesses who have elected to close for other reasons.
The value of the grant varies depending on the business premises’ rateable value:
|Rateable value of property||Grant for 28 days|
|£15,000 or under||£1,334|
|£15,001 to £50,999||£2,000|
|£51,000 or over||£3,000|
Businesses that have set up a click and collect service and restaurants providing a takeaway service will still be able to claim grants if their substantive business has had to close.
|Local Restrictions Support Grant application form|
Some businesses, such as nightclubs and adult entertainment venues, have been required by Government to remain closed since March 2020. In addition to receiving support under the LRSG, these businesses will also receive a small amount of funding for the period 1 to 4 November 2020.
This is because on 1 November 2020, the Government introduced a separate grant funding scheme for this sector.
Ratepayers for these businesses should apply for the LRSG but should select the option on the form that confirms they have been required to remain fully closed since March 2020.
Businesses that reopened in a different form (for example Nightclubs that re-opened as late-night bars) are not eligible for this additional funding.
The Government has also allocated some funding to Local Authorities to pay out under an Additional Restrictions Grant.
This grant is to help those businesses which – while not legally forced to close – are severely impacted by the restrictions put in place to control the spread of Covid-19. The Government has stated that this scheme should be focused on the following business groups, however since this is a discretionary scheme it will not be wholly restricted to these groups and any SME business that can demonstrate that it has been severely affected will potentially be eligible.
The Government has also advised that Local Authorities may want to take into account:
All businesses must meet the following criteria to be eligible for a grant:
Businesses eligible for the ARG scheme will be as defined in Groups A to E, but we urge all business owners to read the full grant guidance before applying for the grant:
|Business type||Grant amount|
|A||Businesses in shared spaces (businesses that do not currently pay their own business rates but occupy a unit or room in a larger business space)||£500, £1,344, £2,000, or £3,000|
|C||Bed and breakfast businesses||£700|
|D||Businesses that have been severely impacted by Covid-19 restrictions occupying premises on the local rating list||£1,344, £2,000, or £3,000|
|E||Other businesses that have been severely impacted by Covid-19 restrictions||Home based businesses £500
Mobile businesses £350
Other businesses which fall into this category to be determined by panel
|Additional Restrictions Grant application form|