Local Authority Discretionary Grant Fund

This scheme is now closed.

The council's  Economic Development team is available to offer general business support to any business, and can be contacted at business.support@chichester.gov.uk.   They can advise you on how to sign up for their regular newsletter which is a good way to ensure you keep up to date about any potential funding opportunities and  other support  which may be available.

 

Retail Relief

In response to COVID-19, at Budget 2020, the government announced that it would provide additional business rate support to some small businesses.

The Chancellor announced, as a temporary measure for 2020/21 that he would;-

  • Increase the level of the retail discount to 100% for eligible retail businesses occupying a property with a rateable value of less than £51,000;
  • Expand the retail discount to include hospitality and leisure properties, with a rateable value of less than £51,000 (such as museums, theatres, gyms and hotels);

The Chancellor then announced on 17 March 2020 further business rates support to help the most-affected firms by;

  • giving all retail, hospitality, leisure businesses & nurseries in England a 100% business rates holiday for the next 12 months

A further announcement was made on 25 March 2020 that further business rates support would be provided to affected firms by;

  • giving Employment Agencies, Estate Agents and Letting Agents, and Betting shops a 100% business rates holiday for the next 12 months

Any account that has been identified as being entitled to this relief, should by now have received a revised account. 

 

Grant Funding

The Chancellor announced on 17 March 2020 further business rates support to help the most-affected firms:

  • Scheme 1 - providing a grant of £10,000 to small businesses eligible for Small Business Rate Relief, or Rural Rate Relief.

  • Scheme 2a - providing a grant of £10,000 to retail, hospitality and leisure businesses with a rateable value up to £15,000

  • Scheme 2b - providing a grant of £25,000 to retail, hospitality and leisure businesses operating from smaller premises, with a rateable value over £15,000 and below £51,000

If you meet the criteria for any of the above grant schemes, you are entitled to this grant, even if you have no business rates to pay (for example if you are in receipt of small business rate relief). 

State aid rules apply to the above schemes, and on the application form a declaration must be made that you have not received more than €800,000 in state aid over a rolling three year period. If you have received more than €800,000 over the last three years then you are not entitled to a grant.

Any grant paid is for the business rates payer, if the recipient of the grant is not the ratepayer on 11 March 2020, we may take action to recover the amount of the grant.

We have contacted ratepayers who have been identified as qualifying for a grant payment under one of the above schemes:

  • Letters were sent on Friday 27 March 2020 to businesses that qualify for a grant payment in accordance with one of the above 3 schemes. The letters have been sent to the billing address that we hold for the relevant business rates account.
  • Emails have also been sent out to businesses whose contact details we hold. If you have contacted us with a recent email address, then this email address will also receive details.

If you believe that you are entitled to a grant payment under any of the above schemes, and have not received a payment then you should complete the relevant grant e-form.

 

Pub Relief

The chancellor also announced at Budget 2020 that the level of pubs discount would increase to £5,000 for pubs with a rateable value less than £100,000.

Businesses that qualify for this relief, have now been issued with a revised business rates account.