Bacta updates members on new hospitality grants

Bacta updates members on hospitality grants
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Bacta has written to members advising on new Local Authority grant guidance for the leisure and hospitality sector as published by the government over the festive period.

 

The Omicron Hospitality and Leisure Grant and ARG Grant extension were announced by the Chancellor last month, with councils expected to oversee distribution this year.

“The [Omicron] grant eligibility is largely the same as previous grants to hospitality and leisure businesses,” said CEO John White. “Businesses with a rateable value of up to £15k will get £2,667. Businesses with a rateable value above £15k but less than £51k will get £4,000. Businesses with a rateable value over £51k will get £6,000.”

“Leisure businesses are defined as a business that provide opportunities, experiences and facilities, in particular for culture, recreation, entertainment, celebratory events and days and nights out. Amusement arcades are listed as eligible businesses in the guidance.”

White also noted that the latest £102m phase of the Additional Restrictions Grant is “very similar” to the previous guidance.

“This third top-up is being allocated to councils on a per business basis, as per previous tranches. This is the grant for which single site operators, manufacturers and distributors can obtain.”

For the ARG, all funding must be dispersed by 31 March 2022, with businesses required to self-certify that they meet all eligibility criteria, for LAs to then verify.

Councils are specifically encouraged to provide funding for hospitality, and there is no restriction on the number of grants a business may receive (subject to subsidy limits.)

However the recent addition varies from previous tranches in that councils are prohibited from using funding for business support activities, meaning all funds must be allocated as grants payments.


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