The Restart Grant is a one-off payment to certain businesses to help them reopen over the next few months as restrictions in England ease.
If you’re eligible, you don’t have to pay the money back – you could receive up to £18,000.
Businesses in these sectors are eligible for the Restart Grant:
The grant is designed to help support these businesses as they reopen, because they’ll still be subject to restrictions. For example, pubs and restaurants can only open outside during the first stage of easing.
With that in mind, non-essential retail businesses are eligible for a smaller payment, because they aren’t as affected by restrictions. Non-essential businesses can claim up to £6,000.
Hospitality, accommodation, leisure, personal care and gym businesses can claim up to £18,000.
The amount of money you receive depends on your rateable value (as of 1 April 2021). Non-essential businesses can get:
The other eligible businesses can get:
It’s up to your local authority to assess whether you’re eligible for the Restart Grant. But generally, you need to be a business in one of the above sectors, offering in-person services primarily and trading on 1 April 2021 (trading could mean for instance that you had staff on furlough, were operating online, or were preparing to reopen).
Some businesses could fall under both non-essential and another category, like hospitality. In that case, you declare which category makes up 50 per cent or more of your overall activity. Your local authority needs to take ‘reasonable judgement’ when working out your eligibility and the level of grant you should receive.
Other eligibility for the Restart Grant can be broken down by sector:
Three subsidy allowances also cover this scheme, which means you can’t have exceeded your total permitted allowance. You get:
Local authorities are paying out Restart Grants to eligible businesses. In some situations this will be automatic, so you won’t need to do anything.
But if you think you’re eligible and you haven’t received a payment, it’s best to visit your local authority’s website for more information.
The government set a hard deadline for some of the grants available in 2020, including the Discretionary Grant Fund, after which the funds were returned to the Treasury.
So if you think you’re eligible for the Restart Grant, it’s best to get in touch with your council sooner rather than later.
What do you think about the coronavirus Restart Grant? Let us know in the comments below.
We create this content for general information purposes and it should not be taken as advice. Always take professional advice. Read our full disclaimer
22 June 2020 • 9-minute read
How to start a clothing business. It can be an all-consuming process but with that first sample run and customer sale comes great…
6th Floor99 Gresham StreetLondonEC2V 7NG
Sol House29 St Katherine's StreetNorthamptonNN1 2QZ
© Copyright 2021 Simply Business. All Rights Reserved. Simply Business is a trading name of Xbridge Limited which is authorised and regulated by the Financial Conduct Authority (Financial Services Registration No: 313348). Xbridge Limited (No: 3967717) has its registered office at 6th Floor, 99 Gresham Street, London, EC2V 7NG.