COVID-19: Grants and Business Rates

COVID-19 GRANTS

Cheshire & Warrington Recovery & Restructure Grant

The Cheshire & Warrington Recovery & Restructure Grant can offer an 80% grant up to £5,000 for items you haven’t purchased yet (or 60% on items purchased from 01 May – 23 July 2020) to support eligible Cheshire & Warrington businesses adjust to the Covid-19 outbreak.

The Grant is open to trading small & medium enterprises, social enterprises, charities or sole trader* based in the Cheshire or Warrington LEP area. Unfortunately new businesses which have been trading for less than 12 months are not eligible for support thought this programme.

The project is funded by the Cheshire & Warrington Local Enterprise Partnership and managed by Blue Orchid Enterprise Solutions. Funding for the Recovery & Restructure Grant comes from the Growing Places Fund.

Find out more about the grant and apply here

SELF-EMPLOYMENT INCOME SUPPORT SCHEME

The Self-Employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19. The scheme will provide a grant to self-employed individuals or partnerships, worth 80% of their profits up to a cap of £2,500 per month.

HMRC will use the average profits from tax returns in 2016-17, 2017-18 and 2018-19 to calculate the size of the grant. The scheme will be open to those where the majority of their income comes from self-employment and who have profits of less than £50,000. In May it was announced the Self-Employment Income Support Scheme will be extended – with those eligible able to claim a second and final grant capped at £6,570

To be eligible for the scheme you must meet all the criteria below:

  • Be self-employed or a member of partnership;
  • Have lost trading/partnership trading profits due to COVID-19;
  • File a tax return for 2018-19 as self-employed or a member of a trading partnership.
  • Have traded in 2019-20; be currently trading at the point of application (or would be except for COVID 19) and intend to continue to trade in the tax year 2020 to 2021
  • Have trading profits of less than £50,000 and more than half of your total income come from self-employment.
  • This can be with reference to at least one of the following conditions:
    Your trading profits and total income in 2018/19
    Your average trading profits and total income across up to the three years between 2016-17, 2017-18, and 2018-19.

Details of the second grant from the Self-Employment Income Support Scheme are:

  • This scheme is being extended, meaning that a claim can be made for a second and final grant in August 2020.
  • To make a claim for the second grant you will have to confirm your business has been adversely affected on or after 14 July 2020.
  • It will be a taxable grant worth 70% of your average monthly trading profits, paid out in a single instalment covering a further 3 months’ worth of profits, and capped at £6,570 in total.
  • You can claim for the second and final grant even if you did not make a claim for the first grant.

Guidance on how different circumstances affect the Self-Employment Income Support Scheme can be viewed here

Grant Funding

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: Applications for this grant have closed.

Visit the site here

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: Applications for this grant have 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 have closed.

Dairy Response 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 opened 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. The fund will be administered by the Rural Payments Agency (RPA). The RPA must receive your application by midnight on Friday 14 August 2020.

What you need to do

  • Read the Dairy Response Fund handbook to see if you are eligible to apply.
  • Only use the application form if you meet the eligibility requirements detailed in the handbook.
  • If you are eligible to apply, complete a Dairy Response Fund 2020 application form and email it to dairyresponse@rpa.gov.uk.
  • The RPA must receive your application by midnight on Friday 14 August 2020.

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

Culture Recovery Fund for Heritage

Heritage Fund UK and HistoricEngland have launched a new £92million Culture Recovery Fund for Heritage, on behalf of  DCM. From 30 July to to 17 August, heritage organisations can apply for grants from £10,000 up to £3m.

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.