New Round of Business Grants and Business Rate Holidays
The Chancellor’s budget statement on 3 March promised further support, in April to businesses continuing to be affected by lockdown measures.
Also the Council has extended its discretionary grant scheme, which will now make grants to self employed businesses, from 30 April.
Business Rate Holidays Extended
Businesses in the Retail, Leisure and Hospitality sectors who received a 100% reduction in their rate bill in 2020-21, have now had that holiday extended for 3 more months. From 1 July onwards this reaction is reduced to a 66% discount, subject to certain qualifying criteria. We will contacted affected businesses before the 1 July.
Grants for Self Employed People and Small Businesses Operating from Home.
A one-off grant of £2,000 will be available to self employed and small businesses, who do not have commercial premises but have suffered a loss of income of 30% or more, due to trading restrictions.
Our application form is now available - Click here if wish to apply for this grant only
Payments will be issued to successful applicants from 30 April onwards.
A one-off, final grant will be paid to businesses that were required to close during lockdown, with the amount of the grant being dependant on the type of business.
- Non Essential Retail outlets can be paid a grant of up to £6,000
- Leisure Hospitality and Accommodation businesses can be paid up to £18,000
If you have previously been paid a Local Restrictions Support Grant, you do not need to re-apply for the Re-Start Grant. We will need to collect some additional information from you, before we can pay and expect to have emailed all eligible businesses, no later than 19 April.
Any business that feels they may be eligible, who has not previously received grants from us, should complete the application form below.
The grants currently available are summarised below.
Name of Grant
Businesses Affected & Dates
Local Restrictions Support Grant (Closed) Addendum: 5 January Onwards
Businesses mandated to close.
31 May 2021
Strand 1 – Non essential Retail
Strand 2 - hospitality, accommodation, leisure, personal
30 June 2021
30 June 2021
Additional Restrictions Grant (ARG)
Businesses operating from commercial premises, who have not previously received grants, can apply here
Self employed residents and small companies operating from domestic premises should complete this form
Business Rates (also known as National Non-Domestic Rates) are a tax on business properties. The tax is set by the government and business rates collected by local authorities are the way that those who occupy non-domestic property contribute towards the cost of local services. Under the business rates retention arrangements introduced from 1 April 2013, authorities keep a proportion of the business rates paid locally. The money is used to help pay for the services the Council provides.