Non-Domestic Rates (NDR) linked grants
Closed to new applications.
The purpose of the NDR linked grant schemes is to support businesses with their immediate cash flow and to help them survive the economic consequences of additional restrictions necessary to control the spread of Covid-19.
These restrictions commenced on Friday 4 December and were extended by the First Minister in his announcement on 12 March 2021.
The scheme being introduced on 15 March 2021 will help businesses affected by coronavirus restrictions meet operating costs falling within the 2020/21 financial year to 31 March 2021.
As with the Covid-19 NDR linked grant schemes delivered in Wales since December 2020, the new schemes being introduced on 15 March 2021 (and the subject of this guidance) continue to be targeted in nature to provide direct support principally to hospitality, tourism, leisure, non essential retail and their supply chains where they can demonstrate a material impact to their enterprises as a result of on-going restrictions.
If you received a grant under the December 2020 onwards NDR linked grant scheme you will be paid automatically without the need to make an application.
These payments will be made during the week commencing 15 March 2021.
Businesses occupying eligible hereditaments that have not previously registered or have not been awarded a grant under the December onwards NDR linked grant schemes will need to apply when the application process opens.
This is expected to apply only to a small number of businesses occupying eligible hereditaments that are yet to make themselves known.
Businesses registering for the first time will be asked to self-declare whether they have experienced a 40% reduction in turnover for January 2021 and February 2021 as compared to January 2020 and February 2020.
Businesses needing to register will need to be liable as the ratepayer to the local authority and in occupation of the qualifying hereditament on 1st March 2021.
The multiple property restriction applied to the Small Business Rates Relief Scheme applies to this grant.
Therefore the same ratepayer may only receive the grant for a maximum of two properties in each local authority.
In relation to self-catering accommodation, similar guidance as for previous NDR linked grant schemes applies, which is that properties will not be eligible for the grant unless the following criteria are met:
• the self-catering accommodation can produce two years of trading accounts directly preceding the current financial year of the business
• the self-catering accommodation business must be the primary source of income for the owner (minimum threshold is 50%).
• the self-catering accommodation must actually have been let for a period of 140 days or more over a continuous 12 month period during the two years preceding the grant application
The NDR linked grant schemes
Two new NDR linked grant schemes are being introduced by the Welsh Ministers in March 2021. They are as follows.
A £4,000 cash grant payment for hospitality, tourism and related supply chain businesses including some retail businesses with Small Business Rate Relief (SBRR) qualifying hereditaments with a rateable value of £12,000 or less.
Grant A will also apply to ratepayers eligible for charitable relief and Community Amateur Sports Clubs (CASC) relief, operating in the leisure and hospitality sectors occupying properties with a rateable value of up to £12,000.
Local authorities have discretion to provide grants to not-for-profit bodies they consider to be operating for charitable purposes but aren’t currently receiving charitable relief or CASC relief.
This discretion will only apply to not-for-profit organisations who are in receipt of or have entitlement to discretionary rates relief and operate in the leisure or hospitality sectors.
A £5,000 cash grant payment for hospitality, tourism and related supply chain businesses including some retail businesses occupying hereditaments with a rateable value between £12,001 and £500,000.
Grant B is also available to not-for-profit organisations occupying eligible hospitality and leisure properties.
Closed to new applications.