New one-off grant to support retail, hospitality and leisure businesses forced to closed.

• Retail, hospitality and leisure business premises forced to close can claim a one-off grant of up to £9,000. The one-off additional grant each business premises will receive depends on their rateable value:

• Businesses with a rateable value of £51,000 or above: £9,000

• Businesses with a rateable value between £15,000 and £51,000: £6,000 o Businesses with a rateable value of £15,000 or below: £4,000

• This one-off grant is in addition to the existing monthly closed grants of up to £3,000 per month that businesses continue to be eligible for. These grants are worth over a £1 billion in total per month.

• We expect over 600,000 Retail, Hospitality and Leisure business premises in England to benefit from these grants.

• Businesses can receive multiple grants, as they are eligible on a per premises basis.

• Local authorities will receive the funding for these one-off grants next week, and we encourage them to make payments to businesses as soon as possible.

• Additional discretionary funding for local authorities to support their local businesses

• Local Authorities (in England) will also be given an additional £500 million of discretionary funding to support their local businesses.

• This builds on (and will be allocated in the same way as) the £1.1 billion discretionary funding (worth £20 per head of population) which local authorities in England have already received to support their local economies and help businesses impacted.

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Businesses impacted by the new lockdown will be able to access additional grants of up to £9,000 per premises - with £4.6 billion available across the UK. #PlanForJobs

Read more: https://www.gov.uk/.../46-billion-in-new-lockdown-grants...

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