Government support during lockdown 3

2021 has started out with the announcement of further lockdown that will have an impact on many businesses across the country.

The government have now announced further measures to support businesses through spring 2021:

  • One-off top-up grants to closed businesses in retail, hospitality and leisure sector. Grants are based on the rateable value of the property and available per property.

  • Discretionary funds will be available to other impacted businesses.

  • Local Restrictions Support Grants of up to £3000 a month will be available via local authorities.

  • Extension of Furlough Scheme.

  • Extension of Self Employed Income Support Scheme.

Further details can be found HERE.

We will provide a further update as soon as the guidance is available.

Should you have any questions, please let us know.

The information provided in this article is not intended to constitute professional advice and you should take full and comprehensive legal, accountancy or financial advice as appropriate on your individual circumstances by a fully qualified Solicitor, Accountant or Financial Advisor/Mortgage Broker before you embark on any course of action.

Irina Inayat

Penn Accounts

0207 183 6623

Penn Group (Holdings) Limited. Registered in England and Wales: 06242712. A list of directors is available for inspection at the registered offices at 13 Austin Friars London EC2N 2HE. 

Each company within Penn Group is a limited company, a separate business entity and regulated by a different regulatory body; full details of which can be found here.

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