In support of businesses with ongoing property costs, who have been required to close due to Coronavirus national restrictions, the Government are to provide taxable grants as follows:
For properties with a rateable value of £15k or under, grants to be £1,334 per month, or £667 per two weeks;
For properties with a rateable value of between £15k-£51k grants to be £2,000 per month, or £1,000 per two weeks;
For properties with a rateable value of £51k or over grants to be £3,000 per month, or £1,500 per two weeks.
Further information on how to claim these grants will be made available in due course.