NEWS FROM CHUDLEIGH TOWN COUNCIL: NOVEMBER 2020
Covid: Grants for businesses:
Businesses required to close in England due to local or national restrictions will be eligible for the following:
For properties with a rateable value of £15,000 or under, grants to be £1,334 per four weeks
For properties with a rateable value of over £15,000 and below £51,000, grants to be £2,000 per four weeks
For properties with a rateable value of £51,000 or over grants to be £3,000 per four weeks.
The Government will also provide one-off funding to enable councils to support businesses over the coming months more broadly, who are a key part of the local economy. This will include grants for businesses without a business rating, those not forced to close but who have been seriously impacted and funding for wider business support activities.
We are currently awaiting further Government guidance on the eligibility criteria of these schemes. Please be aware that it could take several weeks until eligible businesses receive any grant funds. Keep an eye on the District Council website for details of when the scheme goes live and how to apply.