Update on business grants and business rates relief
The Council is working closely with the Government to process both the business rates relief scheme and distribute the business grants announced in response to the COVID-19 crisis.
We fully understand the urgency from the business perspective and we are doing everything we can to get the funds out to businesses as fast as possible.
The grant scheme:
- We have written to all eligible businesses requesting additional information to enable us to process grants and made the form available on the website.
- Where we have sufficient information, grant awards will be processed shortly and we expect payments to be dispatched by 10 April. We would urge businesses to submit their details as soon as possible to ensure payment is made promptly.
- We have deferred all business rates direct debits scheduled for April to give businesses an immediate improvement in their cashflow.
- We will shortly be rebilling all businesses that are due to receive the full year relief announced by the Chancellor and we anticipate dispatching new bills by 10 April.
Cllr Toby Morris, Cabinet Member for Resources, said: “I can’t emphasise enough that your council is here for you and will continue to support you during these unprecedented times which none of us has experienced before. We will make this through together.”
See here for more information and support for businesses