 We've already paid out well over ?1 million in grants to small businesses this week, and will continue processing applications from businesses to get you the support from Central Government as soon as possible. As you can imagine, our phone lines are extremely busy at the moment, so please bear with us or contact us online.
Government advice is evolving as new issues come to light, and we will keep our support for businesses page updated regularly, so please review what support is available, keep an eye on our Growing Nottingham Twitter account and this newsletter for updates.
Please keep in touch ? share with us what you?re doing to adapt, any good news or good practice you?ve seen or with anything you?d like to see from us in these newsletters. We?re here to support you through these uncertain times and are working on how we support the local economy now and longer term -?Email the Editor.
Business Rates Grants - How to Apply
Nottingham City Council is processing the government rates and grants support to businesses as quickly as possible, to give you the cash to support you during this crisis.
You can get this support for your business if the following applies to you:
- Businesses in receipt of small business rate relief
- Hospitality/Leisure/Retail business depending on the rateable value of the property.
If you are currently in receipt of the retail rate relief this will be increased from 50% to 100% in 2020/21 and has been expanded to include hospitality and leisure sectors. To be clear, if you are a retail, leisure or hospitality business, you will automatically have had your rates direct debits cancelled or the money will be refunded for 2020/21. In this case, there is no action required to receive the rates holiday.
Check the?Nottingham City Council business support pages?for information.
To apply for the business support grant, we will need you to send us some brief details. You can?fill out the e-form here?to help us process the information.?Please carefully check your details are correct so we can process your payment quickly.
We have had thousands of responses so far, but the more information we get from businesses, the quicker we can process payments.
Business Support Grant FAQs
What if I don?t have all the information to hand?
Fill in what you know and we will endeavour to fill in the gaps, or contact our?Business Support Team?who will help you through the process.
What if I am home based and don?t pay business rates but council tax?
Unfortunately, you will not qualify, but we have raised this issue with government and asked for additional support.
What if I am a small business but pay my rates via the landlord in an all in one package?
Unfortunately, you will not qualify, but we have written to the?government and asked for additional support.
How quickly will I get paid?
We will aim to get payments out to the first straightforward cases in the next days. We have over 7000 properties to deal with, so processing such a large number will take some time.
If I am automatically eligible, why do I need to fill in a form?
The form will allow us to process payments quicker. We aim for all eligible businesses to receive their full grants and rates discounts. Once our process and systems are fully operational, we will be able to check back where a business has not yet received a grant.
What if my rateable value is above ?51,000, and I am a retail/leisure/hospitality business?
You will pay no rates in 2020/21 for the property but will not be eligible for a grant as well. Direct debits will have been cancelled by us. If not, please get in contact via?[email protected]?and we will arrange a rebate.
Here to help
Nottingham City Council and our partners are here to support you in these turbulent times. There is a range of support available for your queries.
For the latest on how you can find advice and support during the pandemic, please visit:
- The?D2N2 Growth Hub, via their?webpage or call enquiry line on 0333 006 9178
-
Marketing NG, via their dedicated Coronavirus?webpage?which will provide you with updates of how they are supporting Nottingham's business community across their portfolio
- The?Creative Quarter, who are offering advice and good practice about working through the pandemic via their?webpage?and through their weekly newsletter
- Through the Nottingham BID, who have also set up a dedicated Coronavirus webpage to offer the latest support and guidance.
We hope you will find this useful and please, if you know someone who would benefit from receiving this newsletter, share it with them. They will also be able to sign up to receive the newsletter by visiting Nottingham City Council's Stay Connected portal.
Thank you and stay safe, we're with you during these difficult times.
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