Welcome to Stuart Hoare Chartered Accountants...

Friendly, approachable and professional...

Upfront and transparent affordable fees...

Dedicated to helping you succeed...

Offering a free initial consultation...

Contact Us for your free initial consultation, to see how we can help with your accountancy needs.

Grants from Local Authorities

by | Jun 9, 2020 | Covid 19 Support | 0 comments

To help businesses struggling due to the COVID-19 lockdown, local authorities have been distributing grants of £25,000 or £10,000 to certain businesses which pay business rates on properties with a rateable value of less than £51,000. In addition businesses which qualify for rural relief or small business rates relief should automatically receive a grant.

However many small businesses do not pay business rates directly, either because they lease shared accommodation or they pay council tax instead as no part of their premises is exclusively used for the business. This would cover most bed and breakfast businesses.

If you are a small business ask your local authority about what grants may be available to you.

Local authorities in England have been given more funding to make discretionary grants to those business who do not pay business rates. These grants can be for less than £10,000. In Scotland, Wales and Northern Ireland there is a range of grants available to different sectors including B&Bs, holiday lets and the creative arts.

If you are a small business, ask your local authority about what grants may be available for you.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Contact Us

Please give us a call to discuss your requirements and arrange your free initial consultation, or complete our contact form and we will get back to you as soon as possible.

023 9225 4404

87 London Road, Cowplain, Waterlooville, Hampshire, PO8 8XB
Monday - Friday, 9:00am-5:30pm

8 + 15 =

Stuart Hoare Chartered Accountants

87 London Road, Cowplain,
Waterlooville, Hampshire, PO8 8XB

Email Icon

Subscribe to our Newsletter

Join our mailing list to receive the latest news and updates from Stuart Hoare and the financial sector in general.

You have Successfully Subscribed!

Pin It on Pinterest