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Small Businesses: Non-domestic Rates

Treasury written question – answered on 4th May 2020.

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Photo of Richard Burgon Richard Burgon Labour, Leeds East

To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the number of small businesses renting premises where business rates are included as part of their rental agreement; and what steps he is taking to ensure that such businesses are able to access the Small Business Grants Fund.

Photo of Kemi Badenoch Kemi Badenoch The Exchequer Secretary

As of 1st May, Government has provided up to an additional £617m for Local Authorities in England to enable them to make grants payments to businesses in these circumstances.

This funding will be used by Local Authorities to create a Discretionary Grants Fund.

Local Authorities are responsible for defining precise eligibility for these funds. And businesses will need to apply to their Local Authority in order to receive grants – each LA will need time to create their own process.

However, it is our intention that the following businesses should be considered as a priority for these funds:

  • Businesses in shared offices;
  • 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.

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