Islington Council confirms ‘Restart Grant’ payment procedures
Islington Council has confirmed its procedures for making ‘Restart Grant‘ payments to eligible businesses.
If you applied and were eligible for the previous Local Restrictions Support Grant you will automatically receive a Restart Grant and you should receive this payment by the 12 April.
Eligible businesses in the non-essential retail sector will receive a one-off cash grant of up to £6,000. Eligible businesses in the hospitality, accommodation, leisure, personal care and gym sectors will receive a one-off cash grant of up to £18,000.
For non-essential retail premises the following thresholds apply:
- Rateable value of exactly £15,000 or under = payment of £2,667
- Rateable value over £15,000 and less than £51,000 = payment of £4,000
- Rateable value of exactly £51,000 or over = payment of £6,000
For hospitality, accommodation, leisure, personal care and gym business premises the following thresholds apply:
- Rateable value of exactly £15,000 or under = payment of £8,000
- Rateable value over £15,000 and less than £51,000 = payment of £12,000
- Rateable value of exactly £51,000 or over = payment of £18,000
