Showcasing the Best of Welsh Business

COVID-19 Grants for Businesses Registered to Pay Business Rates in Wales

Grantiau COVID-19 i fusnesau sydd wedi cofrestru i dalu ardrethi busnes yng Nghymru

SHARE
,

Gymraeg

The Welsh Government has introduced two grants to support businesses in Wales through the Coronavirus pandemic.

These grants are available to businesses that were registered to pay rates on their premises on 20 March 2020.

The Covid-19 non-domestic rates (NDR) grant schemes will be closing to new applications at 5pm on 30th June 2020. If you are eligible and you have not already applied, ensure that you apply via your local authority before this date. Any applications received after 5pm on 30th June 2020 will not be considered.

The Welsh Government is working in partnership with local authorities to deliver the grants to qualifying businesses.

Grant 1: A grant of £25,000 is being made available for retail, leisure and hospitality businesses occupying properties with a rateable value of between £12,001 and £51,000.

This means businesses that occupy properties such as shops, restaurants, cafes, drinking establishments, cinemas, live music venues, hotels, guest and boarding premises and self-catering accommodation.

Grant 2: A £10,000 grant to all businesses eligible for small business rates relief (SBRR) in Wales with a rateable value of £12,000 or less.

Please note that the multiple property restriction which applies to Small Business Rates Relief also applies to this grant. Therefore, the same ratepayer may only receive the grant for a maximum of two properties in each local authority area

Also, a £10,000 grant to all ratepayers eligible for charitable relief and Community Amateur Sports Clubs (CASC) relief, operating in the retail, leisure and hospitality sectors occupying properties with a rateable value of £12,000 or less. Local authorities have discretion to provide grants to not-for-profit bodies they consider to be operating for charitable purposes but aren’t currently receiving charitable relief or CASC relief. This discretion will only apply to not-for-profit organisations who are in receipt of or have entitlement to discretionary rates relief and operate in the retail, leisure or hospitality sectors.

The multiple property restriction applied to the Small Business Rates Relief scheme applies to this grant. Therefore the same ratepayer may only receive the grant for a maximum of two properties in each local authority. This multiple property restriction also applies to charities and CASC.

Local authorities are administering these grants in Wales. To find out more about how qualifying businesses can access a grant, you should visit the relevant local authority’s web page.

Please do not try to call your local authority. The information you need will be available on-line.

Guidance document for Covid-19 Grants for Businesses in Wales linked to Non-Domestic Rates (NDR) can be found here

Business News Wales