Non-domestic Rates

Treasury written question – answered on 31st March 2020.

Alert me about debates like this

Photo of Shaun Bailey Shaun Bailey Conservative, West Bromwich West

To ask the Chancellor of the Exchequer, what steps he is taking to support businesses with property with a rateable value of over £51,000 and who therefore do not qualify for grant funding.

Photo of Steve Barclay Steve Barclay The Chief Secretary to the Treasury

A range of measures to support all businesses has been made available. These include the Coronavirus Business Interruption Loan Scheme, allowing businesses to benefit from loans of up to £5m, with the first 12 months of that finance interest free, and the Covid-19 Corporate Financing Facility. Businesses can also benefit from the Coronavirus Job Retention Scheme (CJRS) to help keep people in employment. More detail on the business support package is available at: www.businesssupport.gov.uk. More detail on the CJRS for businesses is available at: https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.