COVID 19 - Business Rates Help

Posted 20/03/2020
Written by Robert Parkin
Category COVID-19 HELP

BUSINESS RATES HELP: COVID-19 HELP & GUIDANCE
 
Support for Retail, hospitality and leisure businesses (In England)

  • Business rates holiday from 2020 to 2021
  • Covers: Shops, restaurants, cafes, drinking establishments, cinemas, hotels, guest & boarding premises and self-catering accommodation
There is no action for you, this will apply to your next council tax bill in April 2020
 
CASH GRANTS For retail, hospitality and leisure businesses (In England)
  • Businesses in these sectors with a rateable value of under £15,000, they will receive a grant of £10,000
  • Businesses in these sectors with a rateable value of between £15,001 and £51,000 they will receive a grant of £25,000
Nothing to do at present, the local authority will write to you if eligible for this grant.  More guidance will follow.
 
Support for other businesses that pay little or no business rates (In England)
  • If your business receives small business rates relief and occupy the property you will receive a one-off grant of £10,000
Nothing to do at present, the local authority will write to you if eligible for this grant.  More guidance will follow.
 
To find your local authority please search https://www.gov.uk/find-local-council

Comments

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Lauren Masters

24/03/2020

Tried to call and couldn’t get through. I don’t pay business rates and have a small salon. Thanks

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24/03/2020

Hi Lauren, Please email us at info@parkinsaccountants.co.uk and we shall get back to you.

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