COVID-19 Grant Funding Schemes

Covid-19 Grant Funding Schemes

On 17 March 2020 the Chancellor announced from 01 April 2020 a new £10,000 grant available to businesses that qualify for Small Business Rates Relief or the expanded Retail Discount with a rateable value below £15,000.

There is also a grant available of £25,000 for businesses in receipt of the expanded Retail Discount with a rateable value between £15,000 and below £51,000.

For the avoidance of any doubt businesses can only qualify for one of these grants.

The online form which businesses can complete to provide specific information required to claim the grant, is currently under development and we hope this will be available from Friday 3 April 2020, please check back for updates.

This form requests the information the Government requires businesses receiving the grant to provide and will enable the Council to pay businesses directly via the bank details supplied automatically. This information can be found below - 

The Council will not provide your business rates account number over the telephone to prevent fraudulent claims, therefore do not contact us to request this as all businesses will received their bill for 2020/21 to their business address shortly.

We are writing to all businesses that we believe will be eligible for the above grants and you should expect to receive your letter in the next few days, upon completion of the online form we will arrange payment into the bank account specified.

Some claims may need to be manually checked so please allow up to ten working days before your payment is confirmed. Please do not contact the Business Rates team unless it is urgent to prevent any delay to payments being made.

Exclusions

Businesses with a rateable value of £51,000 or over are not eligible for this scheme. Businesses which are not ratepayers in the business rates system are not included in this scheme.

Hereditaments occupied for personal uses e.g. private stables and loose boxes, beach huts and moorings, Car parks and parking spaces. Businesses which on the 11 March were in liquidation or were dissolved.

Changes and amendments

Any changes to the rating list (rateable value or to the hereditament) after the scheme eligibility date (11 March 2020) including changes which have been backdated to this date should be ignored for the purposes of eligibility.

Local authorities are not required to adjust, pay or recover grants where the rating list is subsequently amended retrospectively to the scheme eligibility date.

Where the Local Authority has reason to believe that the information that they hold about the ratepayer on the 11 March 2020 is inaccurate they may withhold or recover the grant and take reasonable steps to identify the correct ratepayer.

The Government will not accept deliberate manipulation and fraud – and any business caught falsifying their records to gain grant money will face prosecution and any funding issued will be subject to claw back. State aid rules will apply to these schemes.