Update on business grants and business rates relief
The Council is working closely with the Government to process both the business rates relief scheme and distribute the business grants announced in response to the COVID-19 crisis.
We fully understand the urgency from the business perspective and we are doing everything we can to get the funds out to businesses as fast as possible.
The grant scheme:
- We have written to all eligible businesses requesting additional information to enable us to process grants and made the form available on the website.
- Where we have sufficient information, grant awards will be processed shortly and we expect payments to be dispatched by 10 April. We would urge businesses to submit their details to ensure payment is made promptly.
Business rates:
- We have deferred all business rates Direct Debits scheduled for April to give businesses an immediate improvement in their cashflow.
- We are prioritising the payment of the grants to businesses. We will then rebill all businesses that are due to receive the full-year relief announced by the Chancellor. We will ensure that new bills are issued in time for the Direct Debit collection in May.
Cllr Mike Evemy, Deputy Leader and Cabinet Member for Finance, said: “The Council is working hard to support the District’s businesses during these difficult and unprecedented times. We want to get through this together.”
See here for more information and support for businesses.
Keeping up to date
- We will be sending out regular email updates in our Business Matters Newsletter.
- We also encourage businesses across Gloucestershire to sign up for news from the Local Enterprise Partnership.