£ 6,000 Covid grant now available for businesses in Retford

Businesses in Retford can now apply for a one-time grant of up to £ 6,000 to tackle the effects the Omicron variant of Covid-19 could have on trade.

Business owners working in the hospitality, leisure and accommodation industries will be able to apply for a grant based on the assessed value of their properties as of December 30, 2021.

Eligible businesses include pubs, restaurants, cafes, as well as casinos, museums, cinemas and trailer parks, hotels and bed and breakfasts.

The full list of eligible businesses can be found on the Bassetlaw District Council website.

Business owners will receive £ 2,667 for each property with an assessed value of £ 15,000 or less.

A grant of £ 4,000 will be awarded for each property valued above £ 15,000 and less than £ 51,000, and £ 6,000 will be awarded for each property valued north of £ 51,000.

To apply, business owners will need to provide invoices at 2021/22 commercial rates, a recent bank statement from the past three months, and a total value of all Covid-19 commercial grants the company has received to date.

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The application form was made available on the council’s website at 9:30 a.m. on Friday, January 7.

Applications must be submitted before Monday February 28 to be considered.

A £ 1bn bailout was announced by Rishi Sunak ahead of Christmas, amid rumors of another lockdown being implemented as of Monday, December 27.

Business owners have also been warned that the grant is taxable and will need to be included on their tax returns.

Businesses in receivership, insolvent or in the process of being deregistered will not be eligible for the subsidy.

A council spokesperson added that the council was still awaiting news of funding for an additional restraint grant which Mr. Sunak also described.

He said: “We are still awaiting notification of funding allocations from central government departments and as in previous ARG cycles, Bassetlaw is working with other authorities in Nottinghamshire on a common policy to ensure consistency of criteria for eligibility and grant awards.

“Once we receive a government notification and the policy is in place and approved, the council will send out further updates through our website, business support newsletter and social media.

“A grant application form is being developed so that we can put this program up and running as soon as the policy is in place, as we recognize the urgency for businesses to receive this support.”

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