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Chartered Accountants

COVID-19: Non-domestic rates grant scheme closing to new applications on 30 June 2020

 

The Covid-19 non-domestic rates (NDR) grant schemes will be closing to new applications at 5pm on 30 June 2020.

 

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

 

  • £25,000 grant for retail, leisure and hospitality businesses occupying properties with a rateable value of between £12,001 and £51,000
  • £10,000 grant to all businesses eligible for small business rates relief (SBRR) in Wales with a rateable value of £12,000 or less
  • £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

 

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.

 

If you are eligible and you have not already applied, please ensure that you apply via your local authority before this date.

 

Any applications received after 5pm on 30 June 2020 will not be considered.

 

Please visit the Business Wales Coronavirus advice for businesses pages for further information.

 

 

Source: https://businesswales.gov.wales/news-and-blogs/news/covid-19-non-domestic-rates-grant-scheme-closing-new-applications-30-june-2020

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