Following the announcement of national lockdown, the Government have provided funding to all local authorities to support businesses which, whilst not forced to close, had been severely impacted by the national restrictions.
The government has also recognised that some businesses may not have rateable commercial premises but still have been severely impacted. The Additional Restrictions Grant was for businesses in these categories. Funding of £2.6 million has been distributed by Selby District Council to over 380 businesses.
A further third phase of funding has now been received. Unfortunately as this funding is limited only previous recipients of the ARG can be considered for this. The Government has advised this funding should be used to support businesses that were still affected by the restrictions beyond the 12th of April.
This includes Night Clubs, Dance Halls and Discotheques. Those businesses whose trade is still affected by restrictions in the events industry (including suppliers to the event industry), catteries/kennels and coach/travel companies. In addition outside of general retail the following services are still impacted by the restrictions imposed on them and how they can operate safely or the number of customers/visitors due to Covid - Hospitality, Beauty, Activity, Leisure, Recreational and visitor attractions.
Retail businesses will not be considered for a further award.
Businesses must be able to evidence that their trade has been severely affected and also they have fixed monthly costs to maintain.
Businesses have now been paid grants for phase 3. No further requests for the Additional Restrictions Grant can now be considered.
Tax implications
Grant income received by a business is taxable. The Additional Restrictions Grant will need to be included as income in the tax return of your business.
Applications for this grant have now closed.