Tel: 0115 943 6493

    Email: info@wrenaccountancy.co.uk


NEW SUPPORT PACKAGES FOR BUSINESSES
05/01/2021

Following the announcement of a third national lockdown by the government on 4th January, the Chancellor has announced a new range of financial support measures to help businesses through the tighter restrictions into the Spring.

Top-up Grants

An estimated 600,000 UK businesses in the retail, hospitality and leisure sectors will be supported through one-off top-up grants worth up to £9,000.

The one-off top-ups will be granted to closed businesses as follows:

•£4,000 for businesses with a rateable value of £15,000 or under

•£6,000 for businesses with a rateable value between £15,000 and £51,000

•£9,000 for businesses with a rateable value of over £51,000

Discretionary Fund

A further £594 million discretionary fund will also be made available to local councils and devolved nations to support businesses which are not eligible for the new grants, but are affected by the tighter restrictions.


Contact Us

Wren Professional Services Ltd

4 Cross Street, Beeston

Nottingham

NG9 2NX

0115 943 6493

info@wrenaccountancy.co.uk

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