What you need to know
The government is providing grant funding which will be paid to qualifying businesses by local councils.
If your business qualifies for Small Business Rate Relief (SBBR), you could receive a funding grant of £10,000.
You can get small business rate relief if:
The reliefs will be administered by local authorities in early April 2020. If your business qualifies for SBBR and has not been contacted, we recommend that you search for business rate reductions on your local council website for more information on how to apply.
Retail, hospitality and leisure businesses
Businesses in the retail, hospitality and leisure sectors may be eligible for a cash grant of up to £25,000 per property. If your business has a rateable value of:
Businesses that claim a rate relief or cash grant because they are in the retail, hospitality and/or leisure sector must be ‘wholly or mainly being used’:
Premises occupied for "personal use" will not qualify. Beach huts, moorings and private stables are given as examples. Car parks and parking spaces do not qualify. Decisions about personal use will be taken by local authorities. If you have received a non-domestic rates demand notice, this is normally a good indication that this premises is not treated as occupied for "personal use".
Premises which have closed temporarily due to the government’s advice on COVID-19 will be treated as occupied for the purposes of this relief.
Discretionary grant fund
An additional discretionary grant fund has been set up by the government to support some of the small businesses who were not eligible for the business grants scheme and have ongoing fixed property-related costs.
This fund is significantly smaller than the previous coronavirus related grants and will only be available to support a small number of businesses. We recommend that you search for ‘Discretionary grant fund’ on your local council website for more information on how to apply.
To be eligible businesses must: