Public Sector

COVID-19: Businesses entitled to grants urged get in touch

Written by: Bobby Wildgoose | Posted 23 April 2020 12:29

COVID-19: Businesses entitled to grants urged get in touch

Businesses entitled to support grants which haven’t received them are urged by Stroud District Council to help us make sure it has their bank details. 

By last Friday (April 17) Stroud District Council said it had paid out £16.13million to 1,439 accounts - some 61.5 per cent of the identified grant amounts payable of £26.225million. 

According to the Gloucestershire local authority for the Five Valleys some payments were made directly, for example where businesses pay their business rates by direct debit. 

In other cases it needs bank account details to make a payment and it is telling businesses the easiest way to submit the information is through an online portal. 

Stroud District Council is running two support schemes 

Scheme 1 – Business Support Grants Fund  

Properties in receipt of rural rate relief or small business rates relief on March 11, including those in receipt of tapered relief, will be eligible for a grant payment of £10,000. 

Scheme 2 – Retail, Hospitality and Leisure Business Grants Fund 

Businesses in receipt of the expanded retail discount (which covers retail, hospitality and leisure) with a rateable value of less than £51,000 will be eligible for the following cash grants per property. 

For eligible businesses occupying properties with rateable values of: 

£15,000 or less on March 11, 2020, the grant is £10,000. 

£15,001 and £51,000 on March 11, 2020, the grant is £25,000. 

“We are actively trying to find more businesses which are eligible,” said SDC revenue and benefits manager Simon Killen. 

“We need their bank details to be able to make payments. We have paid every claim for which we have bank details and now this week we are planning to contact more businesses which we think are eligible. 

Doina Cornell, leader of the local authority, said: “We know how important these grants are to the local economy, and making these payments is a top priority. 

“Our Revenue and Benefits Service is working very hard to make sure those which are eligible get the money they are entitled to.” 

Details can be submitted on the portal which can be found on www.stroud.gov.uk/business/business-rates, by emailing business.rates@stroud.gov.uk, or by calling 01453 766321.