Covid-19 - Support for Businesses

The Government has put in place a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.
This includes a package of measures to support businesses including: 
  • a Coronavirus Job Retention Scheme
  • deferring VAT and Income Tax payments
  • a Statutory Sick Pay relief package for small and medium sized businesses (SMEs)
  • a 12-month business rates holiday for all retail, hospitality, leisure and nursery businesses in England
  • small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
  • grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
  • the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank
  • a new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans
  • the HMRC Time To Pay Scheme
More information about these measures can be found at: 
The measures relating to business rates are being administered by local authorities or in the case of East Cambridgeshire Anglia Revenues Partnership (ARP) who collect business rates on the Councils behalf.

Small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief

The government will provide additional funding for local authorities to support small businesses that already pay little or no business rates because of small business rate relief (SBBR). This will provide a one-off grant of £10,000 to businesses currently eligible for SBRR or rural rate relief, to help meet their ongoing business costs.
If your business is eligible, you will be contacted by your local authority – you do not need to apply.
The Council is currently working with Anglia Revenues Partnership (ARP), who collect business rates on the Councils behalf, to compile a list of companies that are eligible for grant funding.  A letter will be sent out via email where we have email addresses or post to all potential recipients as they will need to confirm that receiving the grant doesn’t break state aid rules. Once the Council received this confirmation, payments will be processed.

Cash grants for retail, hospitality and leisure businesses

A £25,000 grant will be provided to retail, hospitality and leisure businesses operating from smaller premises, with a rateable value between £15,000 and £51,000.
The Council is currently working with Anglia Revenues Partnership (ARP), who collect business rates on the Councils behalf, to compile a list of companies that are eligible for grant funding.  A letter will be sent out via email where we have email addresses or post to all potential recipients as they will need to confirm that receiving the grant doesn’t break state aid rules. Once the Council received this confirmation, payments will be processed.
Any enquiries on eligibility for, or provision of, the grants/rate relief should be directed to:   

Business rates holiday for retail, hospitality, leisure and nursery businesses

A business rates retail holiday for retail, hospitality, leisure and nursery businesses in England has been introduced for the 2020 to 2021 tax year.
 
Eligibility
 
You are eligible for the business rates holiday if:
  1. Your business is based in England.
  2. Your business is in the retail, hospitality and/or leisure sector or is a nursery.
Properties that will benefit from the relief will be occupied hereditaments that are wholly or mainly being used:
  • as shops, restaurants, cafes, drinking establishments, cinemas and live music venues
  • for assembly and leisure
  • as hotels, guest & boarding premises and self-catering accommodation
  • occupied by providers of Ofsted Early Years Register
  • wholly or mainly used for provision of the Early Years Foundation stage
How to access the scheme

There is no action for you. 

Business Rates bills for 2020/2021 have already been sent out to East Cambridgeshire businesses, but ARP will send out new bills for 2020/2021 as soon as possible to all businesses eligible for the business rates holiday. Businesses do not need to apply or contact ARP to get the relief.
You can estimate the business rate charge you will no longer have to pay this year using the business rates calculator.