Retail, Hospitality and Leisure Grant
This grant was available for small and medium sized trading businesses occupying properties on 11 March that qualified for Extended Retail Relief (RR).
RR is a discount from Business Rates for properties open to the public being used for the following types of businesses:
- Shops
- Food and/or drink establishments
- Cinemas
- Live music venues
- Sport facilities
- Leisure facilities
- Halls
- Hotels
- Holiday homes
There were several exclusions from the Retail, Hospitality and Leisure grants which included:
- Those in receipt of the Small Business Grant
- Properties for personal use
- Businesses that were in liquidation or dissolved
- Businesses with a Rateable Value (RV) of £51,000 or greater. (The RV is a value that the Valuation Office assesses for all non-domestic properties)
There were two different payment amounts depending on the RV of the business property.
Period | One off payment |
---|---|
Amount Awarded | Properties with an RV of £15,000 or less £10,000.00 |
Amount Awarded | Properties with an RV of more than £15,000 and less than £51,000 £25,000.00 |