Cash Grants - North Somerset Council - ready for applications
- By Ross Brinsdon (TLA)
- •
- 25 Mar, 2020
- •
How to claim your Cash Grant
Grants are cash lump sums which do not need to be repaid and will be awarded if the following conditions applied on 11 March 2020.
- Small Business Grant Fund – £10,000 cash support to all businesses who are in receipt of Small Business Rates Relief (SBRR) and/or Rural Rates Relief.
- Retail, Hospitality and Leisure Grant Fund, split into 2 parts:
- £10,000 cash support to all retail, hospitality and leisure businesses with a rateable value of less than £15,000 (but only if they did not already qualify for £10,000 under the SBRR criteria above).
- £25,000 cash support to all retail, hospitality and leisure businesses with a rateable value between £15,000 and £51,000.
When?
Funding for the above grants is being made available to all local authorities from early April 2020.
What you need to do to receive your business grant support
To receive this grant you must email North Somerset Council at: n-somersetnndr@liberata.com and provide the following information:
- business name (i.e. sole trader or limited company name)
- full business property address
- company registration number (if you have a limited company registered with companies house)
- VAT registration number (if applicable)
- account details (bank account number, sort code, business account name)
- your business rates account reference (the number on the business rates invoice will begin with either 7000, or 06)
- a full contact name, contact phone number and email address
If you’re part of a working household that receives tax credits, you may be eligible for a new one-off payment of £500. The new payment is being introduced to provide extra support when the temporary increase in Working Tax Credit ends as planned on 5 April 2021.
You may get a one-off, tax-free payment of £500 if, on 2 March 2021, you were getting either:
- Working Tax Credit
- Child Tax Credit and were eligible for Working Tax Credit but you did not get a payment because your income is too high to get Working Tax Credit payments
You do not need to contact HMRC or apply for the payment. HMRC will contact you by text message or letter in April 2021 to confirm you are eligible.
If you are eligible, you should get your payment direct to your bank account by 23 April 2021. HMRC have confirmed that you will not see the payment on the online tax credit service.
The payment is non-taxable and will not affect your benefits. You do not need to declare it as income for Self-Assessment tax returns or for tax credit claims and renewals.
