COVID 19 Walsall - Have you claimed the Small Business 2020 Grant Yet?
7th May 2020
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Walsall Council advise us that there are still quite a number of businesses yet to claim the 2020 Business Grant made available to help businesses during Lockdown

This grant is non refundable and it doesn't matter whether a business is still trading or is closed due to social distancing.

Below is a snapshot of details and eligibility

How are the grants to be provided?

Central Government will provide funding to Local Authorities that are responsible for business rate billing. Those Local Authorities will contact eligible businesses to arrange payment of the grants. How much funding will be provided to businesses?

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.

Eligible recipients will receive one grant per property.

For more information click here

To apply for the Grant click here

 

Any queries?

Please email business@walsall.gov.uk or Andrew.Clayton@walsall.gov.uk

 


 

Are you looking for assistance in your business?

Click here for our Business Services guide where you can find details of recommended Accountants, HR Experts, Health and Safety Experts, Solicitors, Insurance Brokers and much more...

 

 

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About the Author

Alex M

Member since: 10th July 2012

My name is Alex Murray. I am passionate about what goes on in and around Walsall. I hope you find my blog to be interesting and thought provoking. Please feel free to give me your feedback.

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