Business grants waiting to be claimed
The council is urging businesses who have checked and think they may be eligible for a business grant and don't currently pay their business rates by direct debit, to apply online today.
To support businesses through coronavirus, the government announced last month that it would be providing a small business grant of £10,000 for all businesses receiving small business rate relief, or rural rate relief.
Grant funding is also being provided of £25,000 for retail, hospitality and leisure businesses in properties with a rateable value between £15,000 and £51,000.
Eligible businesses in these sectors with a property that has a rateable value of up to and including £15,000 will receive a grant of £10,000
Eligible businesses who currently pay their rates by direct debit are automatically receiving their payments direct into their bank accounts. They do not need to take any action.
The council has already paid out 58% of grants to eligible businesses, amounting to £9 million. However, that means there are still many more business out there that are entitled to funding but haven't yet claimed.
To complete the form to make a request for support, businesses need to supply the following information:
- Business Rates Account Reference
- Business name, address and contact information
- Business bank account details
- A copy of your latest business bank account statement
- Your name
Councillor Duncan Bell, Executive Member for Resources at Welwyn Hatfield Council, said,
This isn't a loan but a no-strings-attached cash payment from government to support eligible businesses impacted by the coronavirus. Even if you think you don't need it now, you may do so in the future. If you think you may be eligible and don't currently pay your business rates by direct debit, please do complete the form on our website .