Following the Chancellor’s announcement at the Budget, the government has now published detailed guidance on the forthcoming Restart Grants. Grants will be paid to businesses in the retail, leisure and hospitality sectors to assist them with reopening following the national lockdown.
Sports and leisure clubs and organisations which own property will be eligible for grants of up to £18,000 based on their rateable value.
Those with a rateable value of £15,000 or less will receive £8,000, those with a rateable value of between £15,000 and £51,000 will receive £12,000 and those with a rateable value of £51,000 or over will receive £18,000.
As with previous grants, these payments will be administered by local authorities who are due to receive the funding at the start of April. Clubs and organisations should check their relevant local authority’s website for details of how this fund will be administered.
To find out more click here: restart-grant-la-guidance