Covid-19 Grants available
Posted on 23rd March 2020 at 11:55
One of our partners, William Hughes, has been doing quite a bit of research into the grants available to businesses who have business rates in the ‘Retail, Hospitality and Leisure’ sectors, as a result of the coronavirus pandemic.
Does everyone know that if you qualify for small business rates relief, or part of it, and your rateable value is under £12,000, you are eligible for a £10,000 grant.
Likewise, if your rateable value is above £12,001 and below £51,000 then you are eligible for a £25,000 grant.
Below is the link to the HMRC business rate checker to see your rateable value ➡️https://www.gov.uk/correct-your-business-rates
We are very aware and concerned that businesses need this cash injection now. From what we have heard, local authorities have had no communication yet from the Welsh Assembly as to when this will be implemented. We have asked them to hurry up!
As soon as we know any further details, we will let our clients know.
This is a fast changing situation so please keep an eye on our Facebook page for latest updates and get in touch with your local Ashmole & Co office for help and advice.
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