Further 'Transition Payment' to support Hospitality Sector

Mon, 07 Jun 2021

Businesses in the Hospitality industry hit by coronavirus will get more financial help from the Manx government's Economic Recovery Group.

The Business Premises Support Scheme is being extended.

For each of the months of June, July and August, eligible applicants will receive a grant which is equivalent to their annual rates bill for each of their commercial premises. The support will be provided in one lump payment to cover the three month payments in order to streamline the process for applicants, and further information on how to apply will be made available early next week.

In order to be eligible, businesses and self-employed persons must declare that their turnover has been materially impacted by at least 25% against May 2019, and must operate from commercial premises.

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Further 'Transition Payment' to support Hospitality Sector

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