Council makes rates relief grants available to Wandsworth businesses
Published: Friday, March 27, 2020
Wandsworth Council is urging small businesses who are eligible for business rates relief to make a claim for grants if they have been impacted by the Coronavirus crisis.
The council wrote to all eligible businesses as soon as the government announced the new grants, but if business owners have not been able to receive their letter an online form has been launched for them to contact the council with their information.
In addition to all retail, hospitality and leisure businesses being granted a 100% business rates holiday for the next 12 months, many small businesses can get additional help through the new grants scheme.
Many shops, restaurants, cafes, pubs and bars, cinemas, live music venues, hotels, guest houses and self-catering accommodation will have been forced to close as a result of the COVID-19 restriction measures so will now be eligible for the relief.
Councillor Jonathan Cook, Wandsworth Council’s cabinet member for economic development, skills and employment, said: “It is crucial that small businesses affected by the crisis can access financial support as soon as possible, so as well as the council writing immediately to all eligible small businesses, we have also set up a form on our website.
"I urge our local businesses to check their post or contact us through the online form if they need a grant.”
The Chancellor’s recent announcement included the following measures:
- increasing grants to small businesses eligible for Small Business Rate Relief from £3,000 to £10,000
- providing further £25,000 grants to retail, hospitality and leisure businesses operating from smaller premises, with a rateable value over £15,000 and below £51,000
- for nurseries in England that pay business rates, there will be a business rates holiday for the 2020/21 tax year.