Grants and support from us
We are advising business owners to be on their guard to avoid falling victim to fraudulent attacks by phone, text, email or online during this COVID-19 situation and to treat any requests for personal or financial information with extreme caution.
Small Business Grant Fund
This is a £10,000 grant the Government is funding for all businesses that qualify for small business rates relief or rural rate relief.
This applies to all such businesses, regardless of sector. In order for us to process and pay the grant, businesses need to complete the online application form.
Grant for retail, hospitality and leisure businesses
This is a grant of up to £25,000 funded by the Government for any businesses in the retail, hospitality and leisure sectors.
In line with the eligibility criteria a property that has a rateable value of up to £15,000 will receive a grant of £10,000.
Eligible businesses in these sectors with a property that has a rateable value of over £15,000 and less than £51,000 will receive a grant of £25,000.
Businesses with a rateable value of £51,000 or over are not eligible for this scheme. Eligible recipients will receive one grant per property and state aid limits apply. To see if you are eligible please visit our business rates reductions and exemptions page.
In order for us to process and pay the grant, businesses need to complete the online application.
COVID-19 Discretionary Business Grants Scheme
On 13 May the Government published its guidance for councils regarding the Discretionary Business Grants Scheme. This grant is aimed at small businesses who were not eligible for the Small Business Grant Fund or the Retail, Leisure and Hospitality Fund.
Councils across Nottinghamshire are working together to agree a scheme which is fair, consistent and reflects the criteria stipulated within the guidance. Within the next few weeks this scheme and the grant application process will be published on our website.
In accordance with the Government’s guidance we anticipate that the first discretionary grant payments will be received by eligible businesses in early June.
Business Rates Holiday for Retail, Hospitality and Leisure
Businesses in the retail, hospitality and leisure sectors in England will not have to pay business rates for the 2020-21 tax year. Businesses that received the retail discount in the 2019-20 tax year will be rebilled by their local authority as soon as possible.
You will be eligible if your business is based in England and your business is in the retail, hospitality and/or leisure sector. Properties that will benefit from the relief will be those that are wholly or mainly being used:
- as shops, restaurants, cafes, drinking establishments, cinemas and live music venues,
- for assembly and leisure, or
- as hotels, guest and boarding premises and self-catering accommodation.
There is no action for you. We will apply the business rates holiday to your bills.
Support for our contracted suppliers
We appreciate the commitment and support from our contracted suppliers to maintain services and supplies to the council during the COVID-19 outbreak.
Suspension of legal and enforcement action
We have suspended legal and enforcement action to help residents and businesses deal with the fallout from coronavirus.
No legal summonses will be issued by us for a four month period, which will be reviewed in line with the evolving COVID-19 pandemic. In addition, there will be no new action or contact by enforcement agents.
The measures will apply to Council Tax, business rates, council housing rent and all other debts to the local authority. It is very important that anyone having difficulty paying money owed as a result of COVID-19 gets in touch with us as soon as possible.