Following the announcement by the Prime Minister on 22 February 2021 of the continued national restrictions, alongside a planned roadmap to some lifting of these, the Government has announced details of a continued business support package.
The Local Restriction Support Grant (LRSG) is for businesses which would have been open, providing in person services to customers from their business premises, but have been forced to close under Tier 4 restrictions from 31 December 2020 and the national lockdown on 5 January 2021, in accordance with The Health Protection (Coronavirus, Restrictions) (All Tiers) (England) Regulations 2020.
Hyndburn Borough Council will operate the scheme in line with Government guidelines and funding availability, and the amount to be paid for the period 16 February 2021 to 31 March 2021 is 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 – £2096
- RV between £15,000 to £51,000 £3143
- RV over £51,000 £4714
Councillor Miles Parkinson OBE, Leader of the Council said,
“In the last six months, we have issued more than £36m in additional funding and Hyndburn has been recognised nationally for leading the country in its efforts to support vital local businesses.
It is important that we continue to support our businesses throughout these difficult times al allocate funds to businesses that have been forced to stop trading under the Government’s imposed restrictions.
Businesses that have previously applied for, and have been issued with Local Restriction Support Grant for the period up 31 December 2020 to 15 February 2021 will be automatically issued with a further payment for the period 16 February 2021 to 31 March 2021, and there is no requirement for them to contact the Council.
For businesses that are mandated to close, but have not yet applied for Local Restriction Support Grant, the Council has extended the closing date for businesses to make an application. Applications for Tier 4 and National Lockdown Local Restriction Support Grant scheme will remain open until 31 March 2021.
All the information needed to apply is on our website with the online form available 24 hours a day. The application form incorporates a section around additional one-off grants of up to £9,000 for businesses in the retail, hospitality and leisure sectors.
I would urge our community of businesses to apply whilst we are still facing local and national restrictions.”
For information or to apply, please visit https://www.hyndburnbc.gov.uk/coronavirus/