What is it?
The Additional Restrictions Grant (ARG) provides local councils with grant funding to support closed businesses that do not directly pay business rates as well as businesses that do not have to close but which are impacted.
The grant was introduced to support those who are not eligible for the Local Restrictions Support Grant (LRSG (Closed)) and other schemes related to business rates.
Who is it for?
Local councils have the freedom to determine the eligibility criteria for these grants. However, it is expected the funding will help those businesses which are severely impacted by the restrictions, but not legally forced to close. This could include:
- businesses which supply the retail, hospitality, and leisure sectors
- businesses in the events sector
- business required to close but which do not pay business rates
You cannot get funding if:
- your business is in administration, insolvent or has been struck off the Companies House register
- you have exceeded the permitted state aid threshold
You must notify your local council if your situation changes and you no longer meet the eligibility criteria. For example, you become insolvent.
How does it work?
Local councils can determine which businesses to target and determine the amount of funding from the ARG. This means that larger grants can be given than those made through LRSG (Closed).
We will confirm the grant amount on offer for the latest round of funding as soon as they are available.
What should I do next?
Visit your local council’s website to find out how to apply. You can find the website for your local council here.
Critchleys Clients: If you have specific questions, please contact your Critchleys Accountant directly.
First Published 21 January 2021
Last Updated 21 January 2021
21 January 2021
First published.
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