30 Apr 2020
£10,000 small business grant scheme now open to businesses that occupy a rental property
Small businesses that occupy a rental property are now able to apply for the £10,000 Small Business Support Grant Scheme, Economy Minister Diane Dodds confirmed today.
An online form is now available to register for the £10,000 grant or to provide further information if any of these apply to you.
- Your business is the sole tenant of a rental property where the landlord receives the rate bill.
- Your business is the sole tenant of a rental property and the business receives the rate bill
- Your business owns the property that it occupies and the property has a Total NAV of £1,590 or below
The deadline to register for this grant scheme is Wednesday 20 May 2020.
Under rating legislation, the landlord is liable for rates on non-domestic rental properties with a Total NAV of £1,590 or below. For rental properties with a sole tenant and properties with a Total NAV of £1,590 or below, further information is required to ensure that that the grant is being paid to the small business who occupies the property, and not a landlord or letting agent.