Small Businesses: Coronavirus

Department for Business, Energy and Industrial Strategy written question – answered on 5th May 2020.

Alert me about debates like this

Photo of Fleur Anderson Fleur Anderson Labour, Putney

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will extend the Coronavirus Small Business Grant scheme to all active businesses, including (a) limited companies and (b) sole traders registered with HMRC who are not eligible for business rates relief.

Photo of Paul Scully Paul Scully Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)

Holding answer received on 04 May 2020

The two existing business grants schemes have helped support many thousands of small businesses. In order to ensure that Local Authorities can help businesses that are not eligible for the grant schemes, the Government has allocated an additional £617 million funding to Local Authorities in England to allow them to provide discretionary grants.

The following businesses should be considered as a priority for these funds:

· Businesses in a range of shared workspaces;

· Regular market traders who do not have their own business rates assessment;

· B&Bs which pay Council Tax instead of business rates; and

· Charity properties in receipt of charitable business rates relief which would otherwise have been eligible for Small Business Rates Relief or Rural Rate Relief.

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.