Wyre Council has set up a dedicated webpage to support local businesses during the coronavirus pandemic. CLICK HERE to view.
To speed up the process Wyre Council is encouraging applicants to use the online form but if you require a hard copy please email email@example.com and one will be posted out to you.
To help keep you up to date with the business help and advice available, other useful government website links are as follows:
Guidance to employers and businesses
GRANT FUNDING SCHEMES – FAQs
Small Business Grant Fund and
Retail Hospitality & Leisure Grant Fund
Two business grant schemes, the Small Business Grants Fund and the Retail, Hospitality and Leisure Grants Fund, were announced by the Chancellor on 11 March and 17 March 2020. Guidance on the two funding schemes has been published and updated on GOV.UK and businesssupport.gov.uk
Please find below Frequently Asked Questions regarding the criteria and management of the funding schemes.
This funding is being made available to help small, rural, retail, leisure and hospitality businesses with their ongoing business costs in recognition of the disruption caused by COVID-19.How much funding will be provided?
Small Business Grant Fund:
Under the Small Business Grant Fund (SBGF) all businesses in England in receipt of Small Business Rates Relief (SBRR) or Rural Rates Relief (RRR) as of the 11 March will be eligible for a payment of £10,000. We estimate that this will apply to some 730,000 businesses across England.
Retail, Hospitality and Leisure Grant Fund:
Under the Retail, Hospitality and Leisure Grant (RHLG) businesses in England that would have been in receipt of the Expanded Retail Discount (which covers retail, hospitality and leisure) on 11 March, with a rateable value of less than £51,000, will be eligible for cash grants of up to £25,000 per property.
Eligible businesses in these sectors with a property that has a rateable value of up to and including £15,000 will receive a grant of £10,000. Eligible businesses in these sectors with a property that has a rateable value of £15,000.01 or over 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. Businesses which are not ratepayers in the business rates system are not included in this scheme.
Local business support policy is devolved. The Barnett Consequentials formula is being applied to additional support for businesses in England. The devolved administrations will receive over £2.3bn additional funding as a result of this English grant scheme, enabling them to provide support to businesses in Scotland, Wales, and Northern Ireland.
The scheme criteria will apply equally to all areas of England.
The government acknowledges that the majority of small, rural, retail, leisure and hospitality ratepayers are likely to be affected by COVID-19.
This funding is to support small and rural businesses who are ratepayers on a property. These businesses are more likely to have on-going fixed costs.
We have set out three principles that are guiding our development of economic policy in response to COVID-19.
Any business who accepts this funding must confirm they comply with all the applicable State aid requirements. Businesses who accept this funding must also provide information requested by the Local Authority to support monitoring and assurance.
The default position is that these grants would be liable for tax, as are the business costs this grant is supporting.
Eligibility – General
Businesses that were in receipt of Small Business Rate Relief or Rural Rate as of 11 March will be eligible for the Small Business Grants Fund.
For the Retail, Leisure and Hospitality Grants Fund, businesses that would have been in receipt of the Expanded Retail Discount Scheme with properties that have a rateable value of under £51,000 are eligible.
Businesses can only get one grant under the Small Business Grant Scheme.
Businesses eligible for the Retail, Hospitality and Leisure scheme can claim one grant per eligible property.
No. If a business receives a Small Business Grant, they will not be eligible for a Retail, Hospitality and Leisure Grant on the same property.
Any properties falling within both the Small Business Rate Relief and Expanded Retail eligibility should be awarded one 10k grant. Businesses cannot be awarded both grants on the same property.
A business may decline the grant.
Any changes to the rating list after 11 March 2020, including changes which have been backdated to this date, should be ignored for the purposes of eligibility. Local Authorities are not required to adjust, pay or recover grants where the ratings list is subsequently amended retrospectively to 11 March 2020.