The Government has put in place an emergency rescue package for business as a result of the COVID-19 restrictions. Find out more on the government’s website.
South Derbyshire District Council will administer two elements of the rescue package - business rate relief and grant support.
Business rate relief
A business rates holiday for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year has been introduced. It has also been extended to non-local authority providers of childcare (nurseries).
Businesses that received the retail discount in the 2019 to 2020 tax year will receive a new bill in the coming months, and will now receive 100% off their business rates for the 2020 to 2021 tax year.
Is my business eligible?
Your business may be eligible if:
- It is in the retail, hospitality and/or leisure sector
- It is a non-local authority childcare provider (nursery)
Properties that will benefit from the relief will be occupied hereditaments that are wholly or mainly being used:
- as shops, restaurants, cafes, drinking establishments, cinemas and live music venues
- for assembly and leisure
- as hotels, guest and boarding premises and self-catering accommodation
- as a non-local authority childcare nursery
How can I access the relief?
You do not need to do anything to access the relief. We will re-issue your bill as soon as we can (we are awaiting software updates to apply the relief) that will show the relief.
In the meantime, we will not be taking out business rates by direct debit from any businesses that had already qualified for the business rates retail discount as shown on the original business rates bills, or where we have identified more businesses under the revised scheme.
We are also advising all businesses that pay by a different method, such as online or by cash, which had also already qualified for the discount, that they do not need to pay their business rates bills this coming financial year.
When will I receive my new bill?
Like councils across the country, we are waiting for a software update in order to apply the new relief. As soon as we get this we will update this page and we will start to issue the new bills as soon as possible, but this is likely to be take a few months, so thank you for your patience.
Businesses that do not qualify for the business rates holiday
If your business does not qualify, but you are having issues paying your business rates because of COVID-19, please contact us.
Derbyshire Business emergency relief fund
The Derbyshire Business Emergency Relief Fund is now live - find out more. This is for micro businesses that don’t qualify for other Government support.
The Government has announced that all businesses that receive small business rates relief - regardless of sector - will also be eligible for a cash payment of £10,000. Businesses in the retail, hospitality and leisure sectors with rateable values of less than £51,000 will also be eligible for a cash grant of up to £25,000.
We want to get these grants to you as soon as possible, and we are working with the Government to put in place a process to distribute them. The grants will be payable to the rate payer (as of 11 March 2020). The two forms of grant are as follows:
Small Business Grant Fund (SBGF): All businesses in receipt of Small Business Rates Relief (SBRR) and Rural Rates Relief (RRR), as of 11 March 2020, will be eligible for a payment of £10,000.
Retail, Hospitality and Leisure Grant (RHLG): Businesses in receipt of the Expanded Retail Discount (which covers retail, hospitality and leisure), as of 11 March 2020, with a rateable value up to and including £15,000 will receive a grant of £10,000. Those with a rateable value between £15,000 and less than £51,000 will receive a grant of £25,000. Those with a rateable value of £51,000 or over will not receive a grant and those who do not pay business rates are not eligible.
As soon as we have finalised the process for distributing the grants we will update this page – thank you for your patience.
Coronavirus business interruption loan scheme
A new temporary coronavirus business interruption loan scheme, delivered by the British Business Bank, will launch soon to support businesses to access bank lending and overdrafts.
Support for employees, benefit claimants and businesses
A range of extra support and measures will be in place to help workers, benefit claimants and businesses affected by coronavirus.