Hospitality, accommodation and leisure businesses that are in Tier 2 high-alert level areas will be given an additional grant of between £934 and £2,100 per month. This money will be distributed by Local Authorities.
The grant will be based on rateable value.
Rateable value | Grant |
---|---|
£15,000 or under |
£934 per month |
£15,000 to £51,000 |
£1,400 per month |
£51,000 and over |
£2,100 per month |
The grants will be made retrospectively for areas of the country already in Tier 2 and will be paid on top of any extra funding for businesses in Tier 3 areas.