Restrictions Business Fund
Restrictions Business Fund Closed
Non-Domestic Rate (NDR) Grant - March 2021: The Welsh Government has instructed local authorities to close the ERF Restrictions Business Fund (RBF) to new applications in respect of Non-Domestic Rate Grants in Wales at 5pm on Wednesday, 31 March 2021.
Since the last round of NDR linked grants closed at 5pm on March 31st, the Welsh Government has yet to provide Councils with information regarding any further business support grants, however, the Business Wales website has been updated as follows:
‘The March NDR linked grants package has been designed to support businesses through to the election on May 6th so as to ensure Minsters did not make announcements of further grants during the Pre-Election Period.’
In view of the Business Wales update, it appears that there will be no new business support funding announced before the Senedd elections on May 6th
This latest fund is only available from 15 March until 5pm on 31 March 2021.
Please note the previous Non-Domestic Rate (NDR) linked grant schemes introduced in December 2020 and subsequently extended CLOSED to new applicants at 5pm on Thursday 11 March 2021.
The Welsh Government introduced the Restrictions Business Fund to support businesses (principally in the hospitality, tourism, leisure and non-essential retail sectors) with cash flow support and to help them survive the economic consequences of restrictions put in place to control the spread of Covid-19 which were extended by the First Minister in his announcement on 12 March 2021.
Further non-domestic rates (NDR) linked grants are now available and seek to complement other Covid-19 response measures to support businesses, social enterprises and charitable organisations in Wales.
Non-Domestic Rate (NDR) Grant
Automatic payments: Businesses that received an NDR linked grant under the December 2020 onwards NDR linked grant schemes will receive this grant payment without the need for further application. These ‘automatic’ payments will be made during the week commencing 15 March 2021.
Application-based payments: Businesses occupying eligible properties that have not received a grant under the December 2020 onwards NDR linked grant schemes will need to complete a short registration form. The registration form will only be available from 15 March until 5pm on 31 March 2021.
- You can only apply for the NDR grant if you or your business is named as the business rate payer on the rate bill issued by the Council.
- The eligibility criteria, whether an application is required, and when payments should be made have been set by the Welsh Government
- For businesses needing to register, the ratepayer needs to have been in occupation of the property as of 1 March 2021
- For businesses needing to register, the ratepayer needs to have been actively trading and generating sales revenue up to 6pm on the 4 December 2020
- Like all business support grants, these grants are subject to subsidy control limits (formerly known as state aid)
The RBF for Discretionary Grants closed to new applications for the Caerphilly County Borough area at 5pm on 11 March 2021 as the funds are now fully committed. This means the council cannot consider any new claims for these grants.
When will payments be made?
Businesses that received an NDR linked grant under the December 2020 onwards NDR linked grant schemes will receive this grant payment without the need for further application. This means a £4,000 payment will be issued in respect of Grant A cases, and a £5,000 payment will be issued in respect of Grant B cases (this includes Grant C and D cases from the previous grant scheme). These ‘automatic’ payments in respect of Grants A and B will be made during the week commencing 15 March 2021.
Where businesses need to apply for grant funding, we aim to process finalised applications as soon as possible.
Who can apply and for how much?
Grant A - £4,000 cash grant payment for the following businesses with Small Business Rate Relief (SBRR) qualifying rateable property with rateable value £12,000 or less
Grant B - £5,000 cash grant payment for the following businesses occupying qualifying rateable property with a rateable value between £12,001 and £500,000
- Hospitality, Tourism and Leisure businesses - forced to close by the current regulations
- Not-for-profit organisations operating within the Hospitality, Tourism and Leisure sectors - - forced to close by the current regulations
- Non-essential retail – forced to close by the current regulations
- Retail – not forced to close by the current regulations but can evidence (on a self-declared basis) a greater than 40% reduction in turnover for the relevant period
- Supply chain businesses for all of the above categories - not forced to close by the current regulations but can evidence (on a self-declared basis) a greater than 40% reduction in turnover for the relevant period
Those qualifying businesses that did not submit their details for an NDR grant during the December 2020 to 11 March 2021 period will need to complete the online application form below.
Those businesses that fall within the bullet points shown above that are not forced to close by the current regulations that can evidence (on a self-declared basis) greater than 40% reduction in turnover as a direct result of new restrictions will need to complete the online application form below. These businesses will be asked to self-declare, via the online application form whether they had a greater than 40% reduction in turnover in January and February 2021 as compared to January and February 2020 (or a comparable two month period if the business was not trading in Jan/Feb 2020).
These grants will also apply to ratepayers eligible for charitable relief and Community Amateur Sports Clubs (CASC) relief, operating in the leisure, tourism and hospitality sectors occupying properties within the above rateable value ranges. 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 that are in receipt of or have entitlement to discretionary rates relief and operate in the leisure, tourism or hospitality sectors.
Additional information for Grant A only:
- The multiple property restriction applied to the Small Business Rates Relief scheme applies to this grant. Therefore the same ratepayer may only receive Grant A for a maximum of two properties in each local authority.
How to apply
This fund has now closed. No more applications can be accepted.
For further information please read the Restrictions Business Fund NDR Linked Grants – March 2021 Guidance Document.