As part of the March 2021 budget, the government announced a new Restart Grant that will run from 1 April 2021.
This is a one off grant only for businesses on the rating list.
This grant will replace the Local Restrictions Support Grant which closed on 1 April.
If you have already applied for a grant since the 2nd lockdown, you do not need to do anything. Hertsmere staff are busy checking the business rate database to identify eligible businesses.
If you have not applied for a grant, there is information that we will need from you. Please check your eligibility for this grant first but if you wish to claim a restart grant you will need to email Revenues@Hertsmere.gov.uk explaining why you are applying.
The amount of grant that you will receive is dependent on the sector that your business is in and the rateable value (RV) of your business. If you are unsure what sector your business is in, please see paragraph titled How do I know what sector I am in?
- RV exactly £15,000 or less - £2,667
- RV £15,001 - £50,999 - £4,000
- RV over £51,000 - £6,000
Hospitality, Accommodation, Leisure and Personal Care
- RV exactly £15,000 or less - £8,000
- RV £15,001 - £50,999 - £12,000
- RV over £51,000 - £18,000
These are one off grants paid to assist businesses in the final stages of lockdown restrictions
Non-essential retail definition: a business that is open to the public and is used mainly or wholly for the purposes of retail sale or hire of goods or services, where the primary purpose of products or services provided are not necessary to the health and well-being of the public.
Hospitality definition: a business whose main function is to provide a venue for the consumption and sale of food and drink
Leisure definition: a business that provides opportunities, experiences and facilities, in particular for culture, recreation, entertainment, celebratory events, days and nights out, betting and gaming
Accommodation definition: a business whose main lodging provision is used for holiday, travel and other purposes.
Gym & Sport definition: a commercial establishment where physical exercise or training is conducted on an individual basis or group basis, using exercise equipment or open floor space with or without instruction, or where individual and group sporting, athletic and physical activities are participated in competitively or recreationally.
Personal care definition: a business which provides a service, treatment or activity for the purposes of personal beauty, hair, grooming, body care and aesthetics, and wellbeing.
The furlough scheme will now remain open until March 2021, with employees receiving 80 per cent of their current salary.