TIME IS RUNNING OUT !

Lockdown Business Grant 

This grant will close at 5pm on the 20th November!

 

Neath Inspired says

“If you haven’t already accessed this grant, hurry, apply today it only takes 5 minutes”

This fund is 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.

The Lockdown Non-Domestic Rate (Business Rates) Grant

This grant is available to businesses liable for business rates.

A grant of £5,000 is being made available for retail, leisure and hospitality businesses that have been forced to close and occupy properties with a rateable value of between £12,001 and £51,000.

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

Businesses eligible for small business rates relief that have been subject to local restrictions for 3 weeks or more and have been materially impacted [have experienced a 50% reduction in turnover] up to the 23rd October will be eligible for a further grant of £1,000

Businesses eligible for small business rates relief that have been forced to close as a result of the national firebreak lockdown will also be eligible for a further top up grant of £2,000 from their local authority.

You will need to be a Business Rates payer on 1 September 2020 and will need to complete a simple registration form to receive this grant. It only takes 5 minutes. For further information on this grant please read the Lockdown Non-Domestic Rate Grant Guidance Document. https://www.npt.gov.uk/media/14661/enhanced-lockdown-discretionary-grant-application-form-eng-911.docx

This information was last updated at 16 November 2020, 12:43

 

 

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