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Merton Council: Latest updates on support grants

November 19, 2020
Covid-19 Updates
Merton Chamber

The ‘Local Restrictions Support Grant (Closed) Addendum’ supports businesses that have been required to close or adapt due to the national restrictions between 5 November and 2 December 2020.

Eligible businesses may be entitled to a grant for each 28 day period under national restrictions.

Grant amount

Grants will be based on the rateable value of the property as at 5 November 2020.

The grant amounts for each 28 day period under national restrictions are as follows:

- If your business is eligible and has a property with a rateable value of

- £15,000 or less, you will receive a one-off cash grant of £1,334

- over £15,000 but less than £51,000, you will receive a one-off cash grant of £2,000

- £51,000 and above, you will receive a one-off cash grant of £3,000

Grant income is taxable. The Local Restrictions Support Grant will need to be included as income in the tax return of the business.

Eligibility

Your business may be eligible for a grant from Merton Council if it:

- occupies property in Merton on which it pays business rates, and

- was open and trading on 4 November 2020, and

- has been required to close* for at least 4 weeks because of the national lockdown

>> click here to find out more.

For a full listing about grants available from Merton Council to businesses affected by coronavirus restrictions.

CLICK HERE