Chancellor Announces New Grant for Businesses

Jan 5, 2021
Author: Simon Bladen
Simon is one of the firm's Audit Partners. Simon is responsible for looking after the firm’s legal, charitable and not-for-profit clients.
Chancellor announce new grant

The Chancellor has announced a new one-off top-up grant which will be available for businesses in the retail, hospitality, and leisure sectors. The grants will be worth up to £9,000 per property. This grant is available on top of business rates relief and the furlough scheme, which has already been extended until 30 April 2021. In addition, the Chancellor has confirmed that a £594m discretionary fund will be made available for those businesses affected outside of the sectors previously mentioned. This new package of measures is worth a total of £4.6bn across the UK.

For more information please visit the government website: https://www.gov.uk/government/news/46-billion-in-new-lockdown-grants-to-support-businesses-and-protect-jobs

This grant will be made available by your local authority. We expect local authorities to publish more information shortly.

How we can help?

At Hawsons we have a dedicated team of accountants at our offices in Sheffield, Doncaster, and Northampton.

If you have any questions about this announcement please do not hesitate to contact us.

Free initial meeting

Simon Bladen

Partner

slb@hawsons.co.uk