Coronavirus: Strategic Framework Business Fund

First published on 11 November 2020 by Alastair
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Grant support is to be provided to businesses closed or impacted by the recently implemented COVID-19 restrictions with new arrangements coming into effect from 2 November.

If eligible, you can apply for a:

  • temporary closure grant - £2,000 or £3,000 (depending on rateable value) if your business is required to close by law
  • business restriction grant - £1,400 or £2,100 (depending on rateable value) if your business can remain open but is specifically required to modify its operations by law, i.e. earlier closing times or demand for your products/services has been reduced because of the pandemic.

Grants will be paid every four weeks in arrears as long as restrictions last, with the first payment expected around 30 November.

You should apply for this through your local authority website.

Full details can be found here

Please get in touch with julie@msactax.co.uk if you have any questions or need any assistance.

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