Business grants - COVID-19
Coronavirus (COVID-19) help for business rates payers
The Chancellor has announced a series of new measures to help businesses minimise the impact of coronavirus (COVID-19).
- Retail discount will be increased to 100 per cent and expanded to cover all retail, leisure and hospitality businesses in England.
- Nurseries that are on Ofsted's Early Years Register and used for the provision of Early Years Foundation Stage (EYFS) are also included.
- We will identify businesses that are entitled to the discount and will send a revised bill.
- We will not collect direct debits from any businesses in April, but will start collecting from May instead where business rates remain due.
COVID-19 grant funding
At the end of March 2020 Central Government announced two grant funding schemes to support small businesses impacted by COVID-19. These schemes were:
- small business grant funding of £10,000 for all businesses in receipt of small business rate relief or rural rate relief
- grant funding of either £10,000 or £25,000 for retail, hospitality and leisure businesses with property where the rateable value is less than £51,000
- Eligible businesses in these sectors with a property that has a rateable value of up to and including £15,000 received a grant of £10,000;
- Eligible businesses in these sectors with a property that has a rateable value of over £15,000 and less than £51,000 received a grant of £25,000.
Further information on eligibility and exclusions for these schemes can be found on the Government website. Eligible businesses will be identified through the business rates system and will receive the grants once funds are available.
If you do not pay business rates by direct debit or for small business rate relief receivers
If you do not pay your business rates by direct debit or you qualify for small business rate relief, we will not hold any bank details for you and we are unable to make payment via cheque at this time.
Please complete our online form confirming your business bank details so that we can award the grant via BACS to qualifying properties.
What you need before you start
- Business rates account number (this will be on your last statement and is a nine digit number)
- Business name
- VAT registration number (if you aren't VAT registered select no and please leave blank)
- Company registration number (from Companies House website or you can search on the page)
- Full business address
- Name, contact number and email address plus your relationship to the business (all mandatory fields)
- Bank sort code (mandatory field)
- Account number (mandatory field)
- Name on the account (mandatory field)
Once we have your information it will take a couple of days for payments to start to be processed and be paid into your bank account. If there are gaps in the information we may need to contact you again for more details or with any queries.
Apply for a business grant
You do not need to employ Rating Agents or other organisations outside of the Council to claim the support that is available. These agents will probably take a percentage of any relief or grant they claim on your behalf. Please be extra careful with what you sign and seek further advice before entering into any contract.
The Government will not accept deliberate manipulation and fraud - and any business caught falsifying their records to gain additional grant money will face prosecution and any funding issued will be subject to claw back.
Discretionary Grants Fund
An additional Discretionary Grants Fund for small businesses not eligible for support under either of the above was announced on 1 May 2020.
Unfortunately the window for applications to this fund has now closed and we are working through all the applications. If you submitted an application it is our aim to inform you of the outcome in writing within 10 working days.