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Launch of the Restart Grant Scheme

On the 19 March 2021, BEIS published details of its new Restart Grant Scheme, which aims to support eligible local businesses in reopening safely as COVID-19 restrictions are lifted.  Such support will come in the form of a one-off grant.

Under the scheme all rate paying businesses trading in England in the non-essential retail, hospitality, accommodation, leisure, personal care or gym sectors can apply for one off grants from their local councils.  The maximum amount available is:

  • Non essential retail. A one-off grant of up to £6,000 per eligible business.
  • Hospitality, accommodation, leisure, personal care and gym.  A one-off grant of up to £18,000 per eligible business.

Grants will be available from 1 April 2021 but applications for the grant can be submitted in advance.

A business will be eligible for the grant if it is:

  • Based in England
  • Rate-paying
  • In the non-essential retail, hospitality, accommodation, leisure, personal care or gym sectors
  • Trading on the 1st April 2021

A business will be excluded from the fund if the business:

  • Is in administration, insolvent or has been struck off the Companies House register
  • Has exceed the permitted subsidy allowance

Details of how to apply for the grants can be found on local council websites.

For further information or advice on how COVID-19 may be affecting your business please get in touch with a member of the Baines Wilson LLP, on 01524 548494 or 01228 552600.

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