Lockdown Business Grants Available from the Welsh Government

Calling Neath Businesses

Make sure you understand which “Lockdown Grants” are available to you from the Welsh Government.

Don’t miss out!

Lockdown Business Fund

This is a fund to provide financial assistance to businesses that are facing operational and financial challenges caused by the national lockdown announced for Wales as a result of COVID-19.

The purpose of the fund is to support businesses with cash flow support to help them survive the economic consequences of the restrictions put in place.

To receive the grants outlined below you will need to register and or make an application for the discretionary elements. Registration and applications will be open on the *28th October 2020 via links to Neath Port Talbot web site. (* The NPTC links will be made available over two working days so please do not worry if the site is not immediately visible on the 28th).

Applications will close at 5pm on the 20th November 2020 or when the fund is fully committed. The fund will be administered by your Local Authority.

The fund consists of two separate grants:


Lockdown Non Domestic Rate Grant

Grant 1
A grant of £5,000 is being made available for retail, leisure and hospitality businesses that have been forced to close (as defined by the regulations) and occupy properties with a rateable value of between £12,001 and £51,000.

In line with the regulations, the primary operation of the business at the qualifying hereditament must be closed during the firebreak period to be eligible for this element of support. However, if a food delivery or takeaway service is in operation (and is not the normal primary income source for the business) and aligns fully to the reasonable measures required you may apply for the £5k grant.

Grant 2 
A grant of £1,000 is being made available to all businesses eligible for small business rates relief (SBRR) in Wales with a rateable value of up to £12,000 (for further details and exemptions see guidance document).

  •  Businesses eligible for small business rates relief that have been subject to local restrictions for 3 weeks or more and have been materially impacted (for example – 50% reduction in turnover) up to the 23rd October will be eligible for a further grant of £1,000
  • A discretionary enhanced £2,000 top-up grant [see below] will be made available on an application basis for those businesses with a rateable value of £12,000 or less who are forced to close by the firebreak lockdown (as defined by the regulations).

You are not eligible for this grant if:
•    You are eligible for, or have received, the Lockdown Discretionary Grant from your Local Authority

You will need to be on the NDR rating list for your local authority on 1 September 2020 and will need to complete a simple registration form to receive this grant.

For further information on this grant read:

Enhanced Lockdown Non Domestic Rate Grant – Guidance (ENG)_0.docx

[.DOCX, 36.01 KB]

 

Lockdown Discretionary Grant

Grant amount 1 – a discretionary grant of £1,500 is available to assist businesses that have:
•    Been forced to close as a result of the national firebreak lockdown
•    OR are able to demonstrate that the national firebreak lockdown will result in at least a 80% reduction in their turnover for that period

Grant amount 2 – a discretionary grant of £2,000 is available to assist businesses that have:
•    Been forced to close as a result of the national firebreak lockdown
•    OR are able to demonstrate that the national firebreak lockdown will result in at least a 80% reduction in their turnover for that period

  •  ANDhave been subject to local restrictions for 3 weeks or more up to the 23rd October and experienced at least a 50% reduction in their turnover for that period.

You cannot apply for Grant 1 and Grant 2.
You are not eligible for this grant if:
•    You are eligible for, or have received, the Lockdown Non-Domestic Rate Grant from your Local Authority

  • If you have 50 or more employees
  • If the business generated less than 50% of your income, the business must be your main source of income.

For further information on this grant please read the

Enhanced Lockdown Discretionary Grant – Guidance (ENG)_0.docx

[.DOCX, 32.71 KB]

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