Assistance for Businesses required to close due to Covid Restrictions
Published Tuesday, 20 October 2020Assistance is available for businesses required to close due to Tier 3 coronavirus restrictions.
Ribble Valley has moved into the Tier 3 ‘very high’ coronavirus alert level, along with the rest of Lancashire.
It means there is now significant additional restrictions on people and businesses across the county.
The Government has said grants will available to businesses legally required to close as a direct result of the new restrictions.
We are awaiting further details about the scheme, but the Government has said:
- Businesses legally required to close due to a nationally-imposed local lockdown will receive up to £3,000 per four weeks of closure and are eligible for payment after two weeks of closure
- Properties with a rateable value of £15,000 or less will receive grants of £667 per two weeks of closure
- Properties with a rateable value of over £15,000 and less than £51,000 will receive grants of £1,000 per two weeks of closure
- Properties with a rateable value of £51,000 or over will receive grants of £1,500 per two weeks of closure
This website will be updated once further details about the scheme and the application process are available.