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COVID 19 – Small Business Grant Scheme

31 March

 

Small Business Grant Scheme

The Government is providing additional funding for Local Authorities 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. This will  provide a one-off grant of £10,000 to eligible businesses to help meet their ongoing business costs.

Please note that properties which are occupied for personal use, e.g. private stables, beach huts, moorings etc. will not qualify for these grants.

The Council will receive the Government funding on 1st April. The Council will send a letter to the business rates contact address of  businesses who might be eligible for the cash grants. This will be in the next few days.

How to Apply

The letter has been sent to the business rates contact address of businesses who may be eligible for the cash grants. Councils are asking businesses to look out for this letter at their business rates contact address as it will contain a unique reference number to enable businesses to apply online. Eligible businesses will be asked to apply online on the Council’s website in order for a payment to be made direct into their business bank account.

The payment should be received by eligible businesses in early April. If the Local Authority have an email address they will tell you its gone out (to the registered business address).

If you aren’t able to travel to your business contact address, you can contact your council and provide an email address and they will email a copy of the letter to you. The councils are struggling to answer queries so it’s best to email rather than call, and wait for a response. Some councils (such as East Devon) will be making phone calls to eligible businesses to gather email addresses to send out a copy of the letter where they do not have an email address already on file.

If you are able to travel and haven’t revived an email then it’s probably worth waiting until the beginning of next week before travelling to see if it’s arrived to avoid having to make more journeys than necessary.

In the letter will be a pin code to access the system. The claim form is straightforward BUT the pin can only be used once so don’t make any mistakes. You will need to have the following information in order to make a claim:

  • VAT number (if applicable)
  • Business rates account number
  • Company number and business name
  • Bank account number and sort code
  • A copy of a recent bank statement (less than 3 months old)

Make sure to double check every number especially bank accounts and sort codes.

To upload your bank statement you will need to take a photo of it and either upload it directly from your phone, or save it to a computer first depending on what device you’re using to complete the form. Images must clearly show your bank account details so that the information can be verified and to make sure the payment goes to the correct account. Local authorities will never ask for your bank details over the phone.
Teignbridge Council have created a useful video with information on how to apply – https://www.youtube.com/watch?v=xSc_6adpse4&t=

 

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Greater Dartmoor Local Enterprise Action Fund South Devon Coastal Local Action Group Trading Standards Approved Cyber Essentials Plus
Greater Dartmoor Local Enterprise Action Fund South Devon Coastal Local Action Group Trading Standards Approved Cyber Essentials Plus