Due to the current Coronavirus pandemic there are a number of grants and assistance available for businesses and self-employed individuals.
Small Business Rate Relief Grant
Details of the form to be completed for businesses eligible for the £10,000 grant to businesses in receipt of Small Business or Rural Rate Relief.
Recent government announcements have confirmed a package of measures to provide support for businesses registered for business rates to minimise the impact of COVID 19. One of these measures provides for a grant of £10,000 to be made available to all businesses in receipt of Small Business or Rural Rate Relief.
It is anticipated that the specific guidance for local authorities on the scheme will be provided in the very near future and funding is also expected to be made available by government in April 2020.
In order to allow a payment to be made to your business when the government funding is in place, and in accordance with the guidance issued by government in relation to the Coronavirus, all sections of the form must be completed with the relevant information.
Please only complete this form to provide information for the £10,000 grant. A separate form is in place for the £25,000 grant funding.
This information will be stored and used in accordance with the Data Protection Act 2018
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Government Cash Grant for Retail, Hospitality and Leisure
If your business is in the retail, hospitality or leisure sector, you will receive a cash grant of up to £25,000 per property.
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.
Am I eligible?
1. Your business is based in England*
2. Your business is in the retail, hospitality and/or leisure sector
3. Properties that will benefit from the relief will be occupied properties that are wholly or mainly being used:
- as shops, restaurants, cafes, drinking establishments, cinemas and live music venues
- for assembly and leisure
- as hotels, guest and boarding premises and self-catering accommodation
Businesses with a rateable value of £51,000 or over are not eligible for this scheme. Businesses which are not ratepayers in the business rates system are not included in this scheme.
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. The scheme will be open for an initial three months with people able to make their first claim by the beginning of June.
You can find more information on eligibility and how to access the scheme here.
Self-employment Income Support Scheme Frequently Asked Questions