BUSINESS RATES AND CASH GRANTS

Support for businesses that pay business rates

[***Click for Government Guidance setting out eligibility and delivery of the Small Business Grants Fund (SBGF) and Retail, Hospitality and Leisure Grant Fund (RHLGF) (Version 4, Updated 03 April 2020***]

 


***KEY UPDATE 07 May 2020***

A revaluation of business rates will no longer take place in 2021 to help reduce uncertainty for firms affected by the impacts of coronavirus.

The government is continuing work on the fundamental review of business rates, with the key aims of reducing the overall burden on businesses, improving the current business rates system, and considering more fundamental changes in the medium-to-long term. The call for evidence for the review will be published in the coming months.


 

Business rates holiday for retail, hospitality and leisure businesses

A business rates holiday is being introduced for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year.

 

Eligibility

You are eligible for the business rates holiday if:

  • Your business is based in England.
  • Your business is in the retail, hospitality and/or leisure sector.


Properties that will benefit from the relief will be occupied hereditaments 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 & boarding premises and self-catering accommodation

 

How to access the scheme

There is no action for you. However, local authorities may have to reissue your bill automatically to exclude the business rate charge. They will do this as soon as possible.

You can estimate the business rate charge using the business rates calculator.

Further guidance for local authorities is available in the expanded retail discount guidance.​

 

Cash grants for retail, hospitality and leisure businesses

The Retail and Hospitality Grant Scheme provides businesses in the retail, hospitality and leisure sectors with a cash grant of up to £25,000 per property.

Businesses in these sectors with a property that has a rateable value of £15,000 and under will receive a grant of £10,000.

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

 

Eligibility

You are eligible for the grant if:

  • Your business is based in England
  • Your business is in the retail, hospitality and/ or leisure sector. 
  • Your business has a rateable value of under £51,000

Properties that will benefit from the relief will be occupied hereditaments that are wholly or mainly being used:

  • As shops, restaurants, cafes, drinking establishments, cinemas and live music venues
  • For assembly or leisure
  • As hotels, guest and boarding premises and self-catering accommodation


How to access the scheme

Eligible businesses will be contacted by their local authority, though some local authorities have decided to operate an applications process.

Any enquiries on eligibility for, or provision of, the grants should be directed to the relevant local authority.

Find your local authority.

 

Guidance for local authorities

Further guidance for local authorities is available on administering the business grant schemes.

 

Support for businesses that pay little or no business rates

The government will provide additional Small Business Grant Scheme funding for local authorities to support small businesses that already pay little or no business rates because of small business rate relief (SBBR), rural rate relief (RRR) and tapered relief. This will provide a one-off grant of £10,000 to eligible businesses to help meet their ongoing business costs.


Eligibility


You are eligible if:

  • your business is based in England
  • you are a small business and already receive SBBR and/or RRR
  • you are a business that occupies property


How to access the scheme

 

Eligible businesses will be contacted by their local authority, though some local authorities have decided to operate an applications process.

Any enquiries on eligibility for, or provision of, the grants should be directed to the relevant local authority.

Find your local authority.

 

[Updated 18:47 on Wednesday 07 May 2020]