Please note: This information has been updated and you may be eligible for further support – please click here to find out more about the support available for businesses who pay business rates.
A discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme. (Published 02/05/2020)
The statement from Gov.uk says:
This additional fund is aimed at small businesses with ongoing fixed property-related costs. We are asking local authorities to prioritise businesses in shared spaces, regular market traders, small charity properties that would meet the criteria for Small Business Rates Relief, and bed and breakfasts that pay council tax rather than business rates. But local authorities may choose to make payments to other businesses based on local economic need. The allocation of funding will be at the discretion of local authorities.Read the full publication on GOV.UK
The top-up fund supports small and micro business and charities that are not eligible for other grants schemes. This will include many businesses that were excluded from the Business Rates Claims, provided that you can demonstrate the need for the business to support fixed property costs.