PARLIAMENTARY WRITTEN QUESTION
Retail, Hospitality and Leisure Grant Fund (20 July 2020)
Question Asked
Asked by:
Fleur Anderson (Labour)
Answer
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 the following cash grants per property via the Retail, Hospitality and Leisure Grant Fund:
- 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 over £15,000 and less than £51,000 will receive a grant of £25,000.
Only businesses with their own assessment for business rates and eligible for the Expanded Retail Discount, with a rateable value below £51,000, will be eligible for the grant. Businesses which are not ratepayers are not eligible.
We understand for some shared space/service offices, individual users do have their own rating assessment and may be eligible. In these cases we encourage landlords to support local government in ensuring the grant reaches eligible ratepayers.
In addition, on?1 May,?the Government announced that up to £617 million has been made available to local authorities?in England to allow them to provide discretionary grants. The?Local Authority Discretionary Grants Fund is aimed at small businesses with ongoing fixed property-related costs that are not liable for business rates or rates reliefs.
Answered by:
Paul Scully (Conservative)
1 September 2020
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