COVID-19: Grants and Business Rates

COVID-19 GRANTS

Government have announced three grant schemes for businesses:

  • Small Business Grant Funding: A one-off grant of £10,000 to eligible businesses to help meet their ongoing business costs. The grant is to support small businesses that already pay little or no business rates because of small business rate relief (SBRR), rural rate relief (RRR) and tapered relief.
  • Cash Grant for Retail, Hospitality and Leisure: A cash grant of up to £25,000 per property, if your business is in the retail, hospitality or leisure sector.

-Businesses in these sectors with a property that has a rateable value of: up to £15,000 will receive a grant of £10,000.

-Businesses in these sectors with a property that has a rateable value of over £15,000 and less than £51,000 will receive a grant of £25,000.

  • Local Authority Discretionary Grants: A discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the other business grant funds scheme.This grant funding is for organisations that are not eligible for other support schemes. Organisations which have received cash grants from any central Government scheme are ineligible for funding from the Discretionary Grants Fund. Such grant schemes include but are not limited to: Self-Employment Income Support Scheme, Small Business Grant Fund, Retail, Hospitality and Leisure Grant, The Fisheries Response Fund, Domestic Seafood Supply Scheme (DSSS), The Zoos Support Fund, The Dairy Hardship Fund.
  • Government have produced a guide for businesses wanting to know more about the grants. View the guide here.

The grants are being issued from government via local authorities.

Businesses in Cheshire East: 

For the small business and retail,leisure and hospitality grants: Eligible businesses are being asked to confirm/provide their bank details Visit Cheshire East’s site

For the Cheshire East Local Authority Discretionary Grants: Cheshire East Council has today launched a £4.28m discretionary fund. The scheme opened for applications from 1 June and phase one will run until  8am on 15 June. It is anticipated that the majority of grants awarded will be for £10,000 or less although some retail, hospitality and leisure businesses may be eligible for grants of £25,000. View more information and apply on Cheshire East’s site.

Businesses in Cheshire West and Chester:

For the small business and retail,leisure and hospitality grants: Eligible businesses are being asked to confirm/provide their bank details Visit Cheshire West and Chester’s site

For the Cheshire West and Chester Local Authority Discretionary Grants:  The window to apply online was open for two weeks from 18 May to 1 June and is now closed.

Businesses in Warrington:

For the small business and retail,leisure and hospitality grants: Eligible businesses are being asked to confirm/provide their bank details Visit Warrington’s site

For the Warrington Local Authority Discretionary Grants: Grants awarded by Warrington Borough Council from this Fund, will be capped at £10,000. Applications for this grant are likely to close on the 30th June.  View more information and apply on Warrington’s site.

Dairy Farmers Fund

A new fund will enable eligible dairy farmers in England to access up to £10,000 each to help them overcome the impact of the coronavirus outbreak. The fund will open for applications on the 18th June. Eligible dairy farmers will be entitled to up to £10,000 each, to cover 70% of their lost income during April and May to ensure they can continue to operate and sustain production capacity without impacts on animal welfare. Find out more here.

Zoos Support Fund

Apply for an animal welfare grant of up to £100,000 for your zoo or aquarium affected by coronavirus (COVID-19). Find out more here.

Heritage Emergency Fund

The National Lottery Heritage Fund has put together a £50 million fund to support the heritage sector as an immediate response to the coronavirus (COVID-19) outbreak.

The Heritage Emergency Fund accepts applications for two grant levels, £3,000 to £50,000 or £50,000 to £250,000, to cover emergency costs during this difficult time.

It is available to organisations across the full breadth of heritage, including historic sites, industrial and maritime heritage, museums, libraries and archives, parks and gardens, landscapes and nature.

Organisations which have received funding in the past or are either a current grantee, or still under contract following a previous grant, can apply.

Find out more here

The Prince’s Trust and NatWest Enterprise Relief Fund

The £5million Enterprise Relief Fund will offer grants to 18 to 30-year olds across the UK who are self-employed and/or running their own business. In conjunction with cash grants, the initiative will offer one-to-one support and guidance to anyone who needs it and who may be worried about their future.

Grants can be used to maintain core business operations during the crisis, as well as meet any existing financial commitments, such as paying for essential equipment or settling invoices from suppliers. Additionally, grants will also support young people to diversify their business to respond to opportunities created by the crises. In conjunction with grants, the initiative will offer one-to-one support and guidance to any applicants who need it.

Find out more here.

COVID-19: BUSINESS RATES

  • Cheshire East business rates information can be found here
  • Cheshire West and Chester business rates information can be found here
  • Warrington business rates information can be found here

Business Rates Holiday for Retail, Hospitality and Leisure

Businesses in the retail, hospitality and leisure sectors in England will not have to pay business rates for the 2020-21 tax year. Estate agents, lettings agencies and bingo halls that have closed as a result of Covid-19 measures to restrict the spread of the virus will be now be exempted from business rates in 2020-21.

Businesses that received the retail discount in the 2019-20 tax year will be rebilled by their local authority as soon as possible.

How do I access it?

There is no action for you. Local authorities will apply the business rates holiday to your bills.

Business Rates Holiday for Nurseries

Nurseries in England* do not have to pay business rates for the 2020-21 tax year.

How do I access it?

There is no action for you. Local authorities will apply the business rates holiday to your bills.