As the country goes into economic paralysis, businesses across the hospitality sector in England devastated by the impact of COVID19 are being advised to apply for cash grants
The Retail and Hospitality Grant Scheme provides businesses in the retail, hospitality and leisure sectors with a cash grant of up to £25,000 per property.
For businesses in these sectors with a rateable value of under £15,000, they will receive a grant of £10,000.
For businesses in these sectors with a rateable value of between £15,001 and £51,000, they will receive a grant of £25,000.
You are eligible for the grant if your business is in the retail, hospitality and/or leisure sector.
Properties that will benefit from the relief will be occupied hereditaments that are wholly or mainly being used:
as shops, restaurants, cafés, drinking establishments, cinemas and live music venues
for assembly and leisure as hotels, guest and boarding premises and self-catering accommodation
How to access the scheme
According to government advice your local authority will write to you if you are eligible for this grant, and any enquiries on eligibility for, or provision of, the reliefs and grants should be directed to the relevant local authority.
A business rates holiday for hospitality and leisure businesses has also been introduced in England for the coming tax year.
The scheme will apply to your next council tax bill due this month (April 2020). Local authorities may have to reissue your bill automatically to exclude the business rate charge. They will do this as soon as possible.
You can estimate the business rate charge you will no longer have to pay this year using the business rates calculator.
Further guidance for local authorities is available in the expanded retail discount guidance.