In response to COVID-19 (coronavirus), the government has recently announced two grants that are now available to assist businesses during this difficult and challenging time.
These grants are being assessed and distributed by local authorities, not central government. The link in this blog covers the information given by Dudley Council as that is where our offices are based, however local councils all over the UK have similar schemes so if you’re not in the Dudley area don’t panic! Find your local authority here
These grants are available to small businesses and those businesses in the retail, hospitality and leisure sectors:
- A grant of £10,000 for most businesses with a Rateable Value (RV) of up to £15,000
- Grants of £25,000 for businesses in retail, leisure and hospitality with a rateable value between £15,000 and £51,000.
Dudley Council officers are working hard to identify businesses that qualify for this money and will be in touch if they believe you qualify.
Of course if you’re sitting there worrying about finances it’s hard to just relax and wait for information, so if you believe you may be entitled to either of the above grants, please complete the Business Rates Grant Proforma document and upload it using the Business Rates Grant online form. The form can be found here
This will help speed up the identification process and may mean you get your grant sooner!
Once you have completed the document you’ll need to create an online account to submit it, if you don’t have one already. If you do have one, just login and you’re good to go!
If, with the Proforma, you are able to supply,
- recent bank statement, and
- if a sole trader, a recent utility bill
this will help Dudley Council process your application more quickly.
Advanced Accountancy are currently working through a number of applications for our clients, so you may find it quicker and easier to have us go through your business information and make the application on your behalf. We have successfully secured many grants for businesses who are now facing uncertainty.
If you’d like our advice or help filling out the proforma form please call us on 01384 271858 or email us at email@example.com