Business Rates Grants January 2022
The purpose of these grants is to support businesses that have a business premises and receive a business rates bill, with their immediate cash flow and to help them survive the economic consequences of additional restrictions introduced on the 26th December 2021 necessary to control the spread of Covid-19.
(If you are not liable for business rates there is a discretionary fund available from week commencing 17th January 2022, more information will be available at that time)
To be eligible for support from this grant scheme, a business must have been actively trading up to the 13th December 2021 and would be expected to trade to the 14th February 2022 and has been negatively impacted by the Covid 19 restrictions introduced on the 26th December 2021.
For all businesses, their hereditament must have been on the NDR rating list as of the 1st September 2021 and the ratepayer needs to have been in occupation of the property as of the 30th November 2021.
This grant is targeted in nature to provide direct support principally to hospitality, retail, tourism and leisure businesses that have been negatively impacted by the 26th December 2021 restrictions. The grants will also support supply chain businesses for these four sectors that can demonstrate a material impact of greater than 40% drop in turnover to their enterprises as a result of the additional restrictions in the period between the 13th December 2021 to 14th February 2022 compared to the same period in 2019 / 2020 or if a new business after that date in September / November 2021.
This grant scheme closes at 5.00pm on the 14th February 2022.