BY Michael Berriman | Thursday 12 November 2020
Businesses forced to close during lockdown can now apply for support grants from Hull City Council. Payments will be made to eligible businesses from Monday 16 November.
Businesses forced to close, which are registered for Business Rates, can receive grants worth up to £3,000 per month under the Local Restrictions Support Grant (LRSG).
Businesses need to have a rateable value and be registered for business rates to receive the grant.
These businesses will be eligible for the following:
- For properties with a rateable value of £15k or under, grants to be £1,334 per four weeks
- For properties with a rateable value of between £15k-£51k grants to be £2,000 per four weeks
- For properties with a rateable value of £51k or over grants to be £3,000 per four weeks
Applications for a Local Restrictions Support Grant can be made on the Hull City Council website.
Local Authorities are also being given funding, additional to the business rates grants above, to implement an Additional Restrictions Grant (ARG).
This will be a single allocation based on £20 per head of population for local authorities to use to run a discretionary grant scheme. These can be paid to businesses severely impacted, rather than closed, and businesses forced to close but which may not have a business rates account and are therefore ineligible for the LRSG.
Information on the discretionary Assisted Restriction Grant will be made available next week.
Councillor Daren Hale, portfolio holder for investment and regeneration, said: “These are difficult and challenging times for many businesses, especially those in sectors such as leisure, retail and hospitality.
“The council is committed to ensuring the financial support available reaches these businesses as quickly as possible, and I can assure people that officers have been working flat-out to ensure we have the most efficient structure in place to do this.
“There is information on Hull City Council’s website, and I urge any business interested in finding out more to make this their first port of call. If they need further information, they should contact our business support team.”
For more information about the support available to businesses during lockdown here.
For enquiries about the above schemes and other help and support, the council’s business support team can be contacted via email at firstname.lastname@example.org
Find advice and guidance on whether a business needs to close, or for advice around coronavirus compliance, here.
For further advice and guidance on whether a business needs to close, any other restrictions on business trading during this time and how to ensure a business is COVID-19 secure, Hull City Council’s Public Protection team can be contacted on FoodandHealth&Safety@hullcc.gov.uk