Government sets out details of its Small Business Grants Fund and the Retail, Hospitality and Leisure Grant Fund
The Department for Business, Energy & Industrial Strategy has produced a guide for business that may be eligible for either of the grants.
Both funds will be delivered by local authorities, and if a business is eligible, its local authority will be in touch to arrange payment.
Under the Small Business Grant Fund (SBGF) all eligible businesses in England in receipt of either Small Business Rates Relief (SBRR) or Rural Rates Relief (RRR) in the business rates system will be eligible for a payment of £10,000.
Under the Retail, Hospitality and Leisure Grant (RHLG) 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 a 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.
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.
Who is eligible?
Businesses with a property that on 11 March 2020 were eligible for Small Business Rate Relief (SBRR) Scheme (including those with a Rateable Value between £12,000 and £15,000 which receive tapered relief) will be eligible.
Businesses which on 11 March 2020 were eligible for relief under the Rural Rate Relief Scheme are also eligible for this scheme.
Eligible recipients will receive one grant per property.
Businesses cannot get SBGF for properties occupied for personal uses, such as private stables and loose boxes, beach huts and moorings, car parks and parking spaces.
Businesses which as of the 11 March were in liquation or were dissolved will not be eligible.
Properties which on 11 March 2020 had a rateable value of less than £51,000 and would have been eligible for a discount under the business rates Expanded Retail Discount Scheme had that scheme been in force are eligible for the RHLG.
Charities which would otherwise meet these criteria but whose bill for 11 March had been reduced to nil by a local discretionary award should still be considered to be eligible for the RHL grant.
Recipients will receive one grant per eligible property.
The exclusions for SBGF will also apply to RHLG.
More details can be found at Small Business Grant Fund (SBGF) / Retail, Hospitality and Leisure Grant Fund (RHLGF): guidance for businesses