Small business rates relief
IMPORTANT NOTICE PLEASE READ
Additional Restrictions Grant (ARG6)
The Council has created a new Additional Restrictions Grant policy based on Government guidance, which will provide additional support to businesses who have been severely impacted by Covid restrictions and uncertainty caused by the Omicron variant, including those outside of the business rates system.
The scheme is open for applications from Friday 21 January 2022 and closes on Friday 4 February 2022 at 4 pm.
Please note this discretionary grant scheme is separate from the Omicron Hospitality and Leisure Grant. We will be contacting those eligible businesses separately by email.
All businesses will have to complete the secure ARG6 online application form by clicking on the link below.
PLEASE DO NOT APPLY FOR ARG 6 IF YOU ARE ELIGIBLE FOR THE OMICRON HOSPITALITY AND LEISURE GRANT
To be eligible, a business must fall into one of the following sectors:
(a) Hospitality, Accommodation and Leisure for businesses outside of the business rates system only;
(b) Personal care;
(c) Travel and tourism including group travel, travel agents and tour operators, coach operators;
(d) Wedding industries;
(g) Events Industries;
(i) English Language Schools;
(k) Freelance and Mobile businesses (including caterers, events, hair, beauty and wedding related businesses);
(m) other businesses that may not have received other grants funding;
Please note: All applications will be validated and a determination made as to whether the business is eligible for a grant and how much. We are required to undertake robust pre-payment verification checks for this grant, and are unable to make any payments until they are complete. No payments will be made until the application deadline of Friday 4 February 2022 has passed and all applications have been assessed.
Please do not contact us during this time. You will be notified once we are able to make a payment.
Omicron Hospitality and Leisure Grant
On 21 December 2021, Government announced the introduction of grant support for hospitality and leisure businesses in England. See announcement here:
Update 21 January 2022
We are aiming to go live with applications week commencing the 24th January 2022
Additional Restrictions Grant (ARG5)
Updated 21 January 2022
The application window has now closed. The verification process has now been completed and we are aiming to process payments the week commencing the 24th January 2022
From the 1st April 2017, ratepayers who occupy a property with a rateable value which does not exceed £50,999 (and who are not entitled to other mandatory relief or are liable for unoccupied property rates) will have their bills calculated using the lower small business non-domestic rating multiplier, rather than the national non-domestic rating multiplier.
In addition, generally, if the sole or main property is shown on the rating list with a rateable value which does not exceed £15,000, the ratepayer will receive a percentage reduction in their rates bill for this property of up to a maximum of 100%. For a property with a rateable value of not more than £12,000, the ratepayer will receive a 100% reduction in their rates bill.
Generally, this percentage reduction (relief) is only available to ratepayers who occupy either-
(a) one property, or
(b) one main property and other additional properties providing those additional properties each have a rateable value which does not exceed £2,899, (relief will only be applied to the main property)
The rateable value of the property mentioned in (a), or the aggregate rateable value of all the properties mentioned in (b), must not exceed £19,999 on each day for which relief is being sought. If the rateable value, or aggregate rateable value, increases above those levels, relief will cease from the day of the increase.
The Government has introduced additional support to small businesses. For those businesses that take on an additional property which would normally have meant the loss of small business rate relief, the Government has confirmed that they will be allowed to keep that relief for a period of 12 months.