The Restart Grant scheme supports businesses with a business rates account in the non-essential retail, hospitality, leisure, personal care and accommodation sectors with a one-off grant, to reopen safely as COVID-19 restrictions are lifted.
- based in England
- in the non-essential retail, hospitality, accommodation, leisure, personal care or gym sectors
- trading on 1 April 2021. For the purposes of this grant scheme, a business is considered to be trading if it is engaged in business activity. This should be interpreted as carrying on a trade or profession, or buying and selling goods or services in order to generate turnover.
- Non-essential retail definition: a business that is open to the public and is used mainly or wholly for the purposes of retail sale or hire of goods or services, where the primary purpose of products or services provided are not necessary to the health and well-being of the public.
- Hospitality definition: a business whose main function is to provide a venue for the consumption and sale of food and drink.
- Leisure definition: a business that provides opportunities, experiences and facilities, in particular for culture, recreation, entertainment, celebratory events, days and nights out, betting and gaming.
- Accommodation definition: a business whose main lodging provision is used for holiday, travel and other purposes.
- Gym & Sport definition: a commercial establishment where physical exercise or training is conducted on an individual basis or group basis, using exercise equipment or open floor space with or without instruction, or where individual and group sporting, athletic and physical activities are participated in competitively or recreationally.
- Personal care definition: a business which provides a service, treatment or activity for the purposes of personal beauty, hair, grooming, body care and aesthetics, and wellbeing.
Businesses excluded from the fund
- is in administration, insolvent or has been struck off the Companies House register
- has exceeded the permitted Subsidy Allowance
Subsidy Allowance (previously referred to as State Aid)
- Small Amounts of Financial Assistance Allowance – you’re allowed up to £335,000 (subject to exchange rates) over any period of 3 years
- COVID-19 Business Grant Allowance – you’re allowed up to £1,600,000
- COVID-19 Business Grant Special Allowance - if you have reached your limits under the Small Amounts of Financial Assistance Allowance and COVID-19 Business Grant Allowance, you may be able to access a further allowance of funding under these scheme rules of up to £9,000,000, provided certain conditions are met.
How much funding will be provided to businesses?
- Businesses with a rateable value of exactly £15,000 or under on 1 April 2021 will receive a payment of £2,667.
- Businesses with a rateable value over £15,000 and less than £51,000 on 1 April 2021 will receive a payment of £4,000.
- Businesses with a rateable value of exactly £51,000 or over on 1 April 2021 will receive a payment of £6,000.
- Businesses with a rateable value of exactly £15,000 or under on 1 April 2021 will receive a payment of £8,000.
- Businesses with a rateable value over £15,000 and less than £51,000 on 1 April 2021 will receive a payment of £12,000.
- Businesses with a rateable value of exactly £51,000 or over on 1 April 2021 will receive a payment of £18,000.
Grant income received by a business is taxable. The Restart Grant will need to be included as income in the tax return of the business.
How to apply
The closing date for applications is 30 June 2021