{"id":1886,"date":"2021-01-05T16:09:28","date_gmt":"2021-01-05T16:09:28","guid":{"rendered":"https:\/\/srcadvisory.com\/?p=1886"},"modified":"2021-01-05T16:09:29","modified_gmt":"2021-01-05T16:09:29","slug":"new-lockdown-grant","status":"publish","type":"post","link":"https:\/\/srcadvisory.com\/new-lockdown-grant\/","title":{"rendered":"NEW LOCKDOWN GRANT"},"content":{"rendered":"\n<p>Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to \u00a39,000.<\/p>\n\n\n\n<p>Chancellor of the Exchequer Rishi Sunak has announced today one-off top up grants for retail, hospitality, and leisure businesses worth up to \u00a39,000 per property to help businesses through to the Spring<\/p>\n\n\n\n<p>He also unveiled a \u00a3594 million discretionary fund to support other impacted businesses.<\/p>\n\n\n\n<p>These new funds are in addition to \u00a31.1 billion further discretionary grant funding for Local Authorities, Local Restriction Support Grants worth up to \u00a33,000 a month and extension of furlough scheme<\/p>\n\n\n\n<p><strong>How it will work<\/strong><\/p>\n\n\n\n<p>The one time grant will be provided on a per-property basis to support businesses through the latest restrictions, and is expected to benefit over 600,000 business properties, worth \u00a34 billion in total nationwide<\/p>\n\n\n\n<p>It will be granted to closed businesses as follows:<\/p>\n\n\n\n<ul><li>\u00a34,000 for businesses with a rateable value of \u00a315,000 or under<\/li><li>\u00a36,000 for businesses with a rateable value between \u00a315,000 and \u00a351,000<\/li><li>\u00a39,000 for businesses with a rateable value of over \u00a351,000<\/li><\/ul>\n\n\n\n<p>The \u00a3594 million will be passed to the four home nations. In England this will be distributed by local authorities.<\/p>\n\n\n\n<p>SRC-Time are one of the South East\u2019s leading accountancy firms in advising\u00a0on all aspects of\u00a0business,\u00a0taxation\u00a0and corporate finance\u00a0and we\u00a0can\u00a0assist in any issue raised above.\u00a0<\/p>\n\n\n\n<p>Our expert team is available to provide you with advice and can be contacted on 01273 326 556 or you can drop us an email at&nbsp;<a href=\"mailto:info@src-time.co.uk\" target=\"_blank\" rel=\"noreferrer noopener\">info@src-time.co.uk<\/a>&nbsp;or speak with an account manager to get any process started.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to \u00a39,000. Chancellor of the Exchequer Rishi Sunak has announced today one-off top up grants for retail, hospitality, and leisure businesses worth up to \u00a39,000 per property to help businesses through to the Spring He also unveiled a \u00a3594 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":1838,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[54,53],"acf":[],"_links":{"self":[{"href":"https:\/\/srcadvisory.com\/wp-json\/wp\/v2\/posts\/1886"}],"collection":[{"href":"https:\/\/srcadvisory.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/srcadvisory.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/srcadvisory.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/srcadvisory.com\/wp-json\/wp\/v2\/comments?post=1886"}],"version-history":[{"count":0,"href":"https:\/\/srcadvisory.com\/wp-json\/wp\/v2\/posts\/1886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srcadvisory.com\/wp-json\/wp\/v2\/media\/1838"}],"wp:attachment":[{"href":"https:\/\/srcadvisory.com\/wp-json\/wp\/v2\/media?parent=1886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srcadvisory.com\/wp-json\/wp\/v2\/categories?post=1886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srcadvisory.com\/wp-json\/wp\/v2\/tags?post=1886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}