cunningtons
News Banner

News

Further grants announced for businesses in retail

As the country enters its third lockdown the government has announced that businesses in the retail, hospitality and leisure sectors are to receive a one-off top-up grant worth up to £9000.

These will be available to closed businesses as follows:

£4,000 for businesses with a rateable value of £15,000 or under.

£6,000 for businesses with a rateable value between £15,000 and £51,000.

£9,000 for businesses with a rateable value of over £51,000

The new grants are in addition to existing support of -

-£3,000 per month for closed businesses and up to £2,100 per month for impacted businesses once they reopen.

-100% business rate relief.

-Extended furlough scheme.

Chancellor Rishi Sunak said: “this will help businesses to get through the months ahead and, crucially, help to sustain jobs”

A further £594 million is also being made available for Local Authorities to support other businesses that are affected but are not eligible for the grants.

Acca
Ae Td Gold
Ae Pd
Ae Td Gold
Quick Books
Xero

We are on the My Accountant App

appstoregoogleplay

Contact Us

Cunningtons
Chartered Certified Accountants & Registered Auditors
Edward House
Grange Business Park
Whetstone
Leicester
LE8 6EP

T: 0116 278 2380
E: info@cunningtonsaccountants.co.uk

Opening Hours:
Monday - Thursday: 9am - 5pm
Friday: 9am-4pm

Sign up To Our Newsletter

 

Our Services

Specialist Sectors

Cunningtons is a trading name of Cunnington & Co Limited

COMPANY REGISTRATION NUMBER: 07786141
REGISTERED IN ENGLAND & WALES

Registered as Auditors and Regulated for a range of Investment Business Activities in the United Kingdom by the Association of Chartered Certified Accountants