COVID-19: Top-up to local business grant funds scheme

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

As yet we do not have any information on how to apply for this “Top-up” but it would seem that more of our clients are likely to benefit from support that they were previously excluded from claiming.