A Grant of £25,000 per property has been declared for the retail, hospitality and leisure sectors named as The Retail , Hospitality and Leisure Scheme. Businesses in these sectors will get a £25000 business grant in the UK with a rateable value of £15,001 to £51,000.
What is the Eligibility for This Small Business Grant in the UK?
- The business must be located in England
- The business must operates in the retail, hospitality or leisure sectors
- The business must be receiving or eligible for small business rates relief, rural rate relief or tapered relief
- The business which are mostly occupied for restaurants, cafes, cinemas; these kinds of premises
- And hotels or guest houses or for assembly or leisure
Learn more regarding the Small Business Grants or Government Business Grants from the Accountants in London.
How to Apply for This Government Grant?
The aid cannot be contacted directly by individuals, whether the local authority will be guided by the government to impose the process. Once the local council gets prepared for that, they will contact the businesses directly which are eligible.
When the Grant Will Be in Hands?
Once the local council verifies the businesses, they will contact the businesses which are eligible as soon as possible.
We Are Here For You
The COVID-19 has affected the UK businesses wholly and the government is trying its best to help in this difficult situation. Regarding the situation, we are providing you with all the recent news. If you have any confusion, don’t hesitate to contact small business accountants london.
DISCLAIMER: The purpose of the blog is to provide information and insight regarding the situation. The readers must contact experts before making any decisions based on the information. We highly appreciate you to contact Taj Accountants for further assistance.
