Before Christmas, the Government announced the Additional Restrictions Grant. This is accessible to businesses which have been required to close but which do not have a rateable value, meaning they aren’t eligible for the Local Restrictions Support Grant (LRSG) scheme, yet they continue to be significantly financially impacted by the pandemic.
Great Yarmouth Borough Council has announced that they will be extending the application period for ‘top ups’ of the Additional Restrictions Support Grant. Eligible businesses include those which operate within the hospitality sector, including hotels and B&Bs, leisure sectors, or those who supply trade to businesses within those sectors.
This means that businesses which are not covered by other grant schemes can be provided with additional support.
Initially, this deadline was set to end on 11 January 2021, but has since been extended until 18 January 2021 at midnight.
The Additional Restrictions Support Grant scheme is for eligible businesses that have already received either a Local Restrictions Support Grant or an Additional Restrictions Support Grant.
The scheme seeks to prioritise businesses who:
- Are outside of the Business Rates system which are effectively forced to close
- While not legally forced to close, are nonetheless severely impacted by the restrictions put in place to control the spread of coronavirus. This includes businesses which supply the retail, hospitality and leisure sectors or businesses in the events sector
The local scheme will also take into account the businesses’ building costs. For example, where businesses are continuing to pay rent while their business is closed.
More information regarding available grants, including application forms, can be found on the Great Yarmouth Borough Council website.