Nightclubs and Soft Play Areas to benefit from the COVID-19 Contingency Fund Category: COVID-19HealthcareLeisure - Posted On: Oct 29 2020 As part of the Scottish Government’s £40m Coronavirus Restriction Fund to support businesses affected by the latest COVID-19 restrictions, there will be a one-off grant offered to nightclubs and soft play centres. The £11m COVID-19 Contingency Fund is the first phase of business grants, offering one-off grants of up to £50,000 for businesses in both sectors who have been closed by law since March 2020. Grant thresholds will be determined by the businesses rateable value (RV): Rateable Value (RV)Grant Amount Threshold £18,000 or under£10,000 £18,001 to £51,000£25,000 Above £51,001£50,000 Businesses may be awarded less if they have successfully applied for the Cultural Organisations and Venue Recovery Fund and premises that have opened at all since March will not be eligible for the grant. There is no application for this funding, instead local authorities will contact eligible businesses shortly to begin the claim process by gathering supporting information. Businesses operating multiple premises will be eligible to claim one full grant plus up to 75% on subsequent properties through the local authority in which your business is headquartered. You can read more about the COVID-19 Contingency Fund, including the full eligibility criteria, here. Our EQ Leisure and EQ Healthcare teams are experienced in assisting clients secure funding and are happy to offer support and advice. To discuss your own circumstances, please get in touch with one of our team by calling one of our offices. All News View the latest news stories from all of our sectors. View All News News by category View the latest news stories from a specific sector. COVID-19 EQ News People Experienced Professional Graduate Intern RGU Placement School & College Leaver Services Audit & Reporting Corporate Finance EQ Accounting Bookkeeping Cloud Accounting Management Accounts Payroll Taxation International Tax Making Tax Digital Personal Tax Specialisms Agriculture Charities Engineering & Manufacturing Healthcare Leisure Food & Drink Professions Property & Construction Technology
Nightclubs and Soft Play Areas to benefit from the COVID-19 Contingency Fund Category: COVID-19HealthcareLeisure - Posted On: Oct 29 2020 As part of the Scottish Government’s £40m Coronavirus Restriction Fund to support businesses affected by the latest COVID-19 restrictions, there will be a one-off grant offered to nightclubs and soft play centres. The £11m COVID-19 Contingency Fund is the first phase of business grants, offering one-off grants of up to £50,000 for businesses in both sectors who have been closed by law since March 2020. Grant thresholds will be determined by the businesses rateable value (RV): Rateable Value (RV)Grant Amount Threshold £18,000 or under£10,000 £18,001 to £51,000£25,000 Above £51,001£50,000 Businesses may be awarded less if they have successfully applied for the Cultural Organisations and Venue Recovery Fund and premises that have opened at all since March will not be eligible for the grant. There is no application for this funding, instead local authorities will contact eligible businesses shortly to begin the claim process by gathering supporting information. Businesses operating multiple premises will be eligible to claim one full grant plus up to 75% on subsequent properties through the local authority in which your business is headquartered. You can read more about the COVID-19 Contingency Fund, including the full eligibility criteria, here. Our EQ Leisure and EQ Healthcare teams are experienced in assisting clients secure funding and are happy to offer support and advice. To discuss your own circumstances, please get in touch with one of our team by calling one of our offices. All News View the latest news stories from all of our sectors. View All News News by category View the latest news stories from a specific sector. COVID-19 EQ News People Experienced Professional Graduate Intern RGU Placement School & College Leaver Services Audit & Reporting Corporate Finance EQ Accounting Bookkeeping Cloud Accounting Management Accounts Payroll Taxation International Tax Making Tax Digital Personal Tax Specialisms Agriculture Charities Engineering & Manufacturing Healthcare Leisure Food & Drink Professions Property & Construction Technology