Business rates and grants
It should be noted that this can vary between Wales and England.
The Welsh Government have released new information regarding additional grants available to Welsh Businesses and the information is available HERE
Welsh Government Economic Resilience Fund Phase 2
The eligibility checker for the Economic Resilience Fund phase 2 is now open (Applications open at the end of June 2020) HERE
Wales – See the Welsh Governments statement on support HERE
The Welsh Government has announced a package of support worth £1.4bn for small businesses to help them during the coronavirus outbreak.
Retail, leisure and hospitality businesses with a rateable value of £51,000 or less will receive 100% business rates.
Expanding on this support a new package providing in 2020/21, retail, leisure and hospitality businesses in Wales with one year business rates relief and a grant of £25,000 for retail, leisure and hospitality businesses with a rateable value of between £12,001 and £51,000.
It also provides a £10,000 grant to all businesses eligible for Small Business Rates Relief with a rateable value of £12,000 or less.
Businesses that qualify for this support will not need to do anything to apply for this scheme. This will be administered through the Business Rates system. You do not need to contact your Local Authority about this, you will receive information in due course.
Specific local authorities
You can apply for your local authority grants as follows:
Newport City Council HERE
Cardiff City Council HERE
Torfaen County Council HERE
Caerphilly County Council HERE
England
Full details of the rates exemptions and grants available in England can be found HERE