Business Grants - COVID19

Broseley

03/04/2020

Small Business Grant – up to £10,000

Under the Small Business Grant Fund, all businesses in England in receipt of either Small Business Rate Relief or Rural Rate Relief in the business rates system will be eligible for a payment of £10,000, providing they meet the eligibility rules below.

To be included a business must be eligible for either relief as at 11 March 2020 and have a rateable value of £15,000 or less.

Some businesses are excluded from this scheme. They are:

  • Businesses occupied for personal uses, such as private stables and loose boxes, or moorings
  • Car parks and parking spaces
  • Businesses that as of 11 March were in liquidation, or were dissolved are not eligible

The person who the billing authority have identified as the ratepayer in respect of the business premises on that day will be eligible for the grant.

Retail, Hospitality and Leisure Grant – up to £25,000

Under the Retail, Hospitality and Leisure Grant eligible businesses in England in receipt of the Expanded Retail Discount (which covers retail, hospitality and leisure) with a rateable value of less than £51,000 will be eligible for cash grants of £10,000 or £25,000 per property.

Eligible businesses in these sectors with a property that has a rateable value of up to and including £15,000 will receive 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 will receive a grant of £25,000.

Some businesses are excluded from this scheme. They are

  • Recipients eligible for the Small Business Grant Fund will not be eligible for the Retail, Hospitality and Leisure Grant
  • Businesses occupied for personal uses, such as private stables and loose boxes, or moorings
  • Car parks and parking spaces
  • Businesses that as of 11 March 2020 were in liquidation, or were dissolved are not eligible
  • Hereditaments with a rateable value of £51,000 or over

The person who the billing authority have identified as the ratepayer in respect of the business premises on that day will be eligible for the grant.

Grant Applications

Any enquiries on eligibility for, or provision of, the reliefs and grants should be directed to the relevant Local Authority. To find your local authority, use this search tool.

Telford & Wrekin Council

All eligible businesses should now have been contacted by Telford & Wrekin Council’s Revenue Service – apply for a grant here.

Shropshire Council

All eligible businesses should now have been contacted by Shropshire Council’s Revenue Service – apply for a grant here.

Funding will be released early April 2020. Once grant applications have been made there will be no need for you to take any further action – if you have an urgent enquiry please call the helpline numbers noted below:

Business Support

Telford & Wrekin Council – Business Support Team - 01952 383838, Option 6

Telford & Wrekin Council – Business Rates Team – 01952 383838, Option 4

Email: enterprisetelford@telford.gov.uk

Shropshire Council – Business Support Team - COVID19businessenquiries@shropshire.gov.uk

Shropshire Council – Business Rates Team - business.rates@shropshire.gov.uk

Keep safe and be kind to others – remember to look out for the vulnerable in your neighbourhood.

STAY HOME. PROTECT THE NHS. SAVE LIVES


ABOUT THE AUTHOR

Broseley Town Council Contributor


Contact Information

Broseley Town Council - 01952 882172

Additional Information

Public opening: Thursdays 9.30am - 12noon Otherwise please telephone 01952 882172 or email us broseleytc_info1@btinternet.com from Monday to Thursday 9.30am to 3pm. The office is closed on Friday, Saturday and Sunday but if you email us or leave a message on the answer machine we will get back to you as soon as possible.