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New Business Grants for Businesses Forced to Close

The government has announced a new £1,000 small business grant for any small business in England affected by a local lockdown.


Businesses that are forced to shut because of local COVID-19 lockdowns will be able to claim up to £1,500 per property every three weeks.


Local authorities will administer the new small business local lockdown grant. You can find the full list of local authorities here.


If a business occupies a premises with a rateable value less than £51,000 or occupy a property or part of a property subject to an annual rent or mortgage payment of less than £51,000, it will receive £1,000.


If a business has a rateable value more than £51,000 or part of a property subject to an annual rent or mortgage payment of more than £51,000, it will receive £1,500.


Local authorities will also receive an additional 5 per cent top up amount of business support funding to enable them to help any other small business affected by local lockdown which may not be on the business rates list. Payments made to businesses from this local authority discretionary fund can be any amount up to £1,500 and may be less than £1000 in some cases.



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