Affected businesses in England will be able to claim up to £1,500 per property every three weeks, while smaller businesses can claim £1,000.

The scheme is basing the size of the business on the rateable value of its premises. A business classed as small with a rateable value less than £51,000, or paying annual rent or mortgage of less than that amount, will receive £1,000. Any business that has a rateable value or has mortgage payments more than £51,000 will receive £1,500. Like the Government’s other grants, these payments will also be treated as taxable income but are outside the scope of VAT.

The scheme is specifically for businesses affected by local lockdowns or restrictions and does not apply to businesses that have closed at a national level.

Local authorities will distribute grants to businesses and they will also have authority to implement further eligibility criteria.

If you rent your premises but someone else is responsible for the business rates you can also claim the grant. In addition, businesses not required to close because of a local lockdown but hit financially by it can apply to their local authority for a discretionary payment on similar terms.

Further news when we have it.