Local Council Grants for Businesses Required to Close (updated 6.11.20)
Updated: Nov 6, 2020
Businesses required to close in England due to local or national restrictions will be eligible for the following:
· For properties with a rateable value of £15k or under, grants will be available up to £1,334 per month or £667 per two weeks;
· For properties with a rateable value of between £15k and £51k, grants will be available up to £2,000 per month or £1,000 per two weeks;
· For properties with a rateable value of £51k or over, grants will be available up to £3,000 per month or £1,500 per two weeks.
The local council will issue grants. Newark and Sherwood District Council anticipate that their claim form will be available on their website from 11 November 2020.
The local council grant scheme applies to businesses with a commercial brick and mortar property and is registered with the local council for business rates.