Business Rates

Local Restriction Support Grants

(Tier 3 restrictions – 17 October 2020 to 04 November 2020)

Hyndburn was placed in Tier 3 (Very High Alert level) which imposes restrictions on local businesses from Saturday 17th October for 4 weeks. The Local Restriction Support Grant (LRSG) is a financial package for businesses which have been forced to close.

The financial support will apply to business forced to close from Saturday 17th October and Monday 19 October 2020.

The Local Restriction Support Grant will provide financial assistance and support to businesses which were open, providing in person services to customers from their business premises and then required to close for a consecutive period of 2 weeks or more in accordance with the Public Health (Control of Disease) Act 1984.

The amount to be paid will be determined by the rateable value of the property for business rates purposes. There are 3 rates of grant payments as detailed below:-

  • RV under £15,000                                        £667 every two weeks
  • RV between £15,000 to £51,000               £1,000 every two weeks
  • RV over £51,000                                           £1,500 every two weeks

Payments to eligible businesses will be made every two weeks provided the conditions of the grant continues to be met and the business confirms no changes in their circumstances. The scheme will operate in accordance with Government guidelines and funding availability.

Businesses which were forced to close by Government in Tier 3 (Very High Alert level) are detailed below:

  • Pubs and bars, unless they are serving substantial meals, such as main lunchtime or evening meal
  • Casinos
  • Bingo Hall
  • Betting shops and adult gaming centres
  • Soft play areas
  • Car boot sales.

Applications for this scheme opened on Tuesday 03 November 2020 and closed on Wednesday 02 December 2020