The Welsh Government has announced a package of support worth £1.4bn for small businesses to help them during the coronavirus outbreak. This assistance is summarised as follows:
Business rates relief
- Retail, leisure and hospitality businesses with a rateable value of £500,000 or less will receive 100% business rate relief for the 2020/2021 financial year.
- A grant of £25,000 for occupied businesses in the retail, leisure and hospitality sector with a rateable value of between £12,001 and £51,000, or;
- A grant of £10,000 to businesses eligible for Small Business Rates Relief with a rateable value of £12,000 or less.
Further details on these schemes and additional financial assistance for businesses can be found here: www.businesswales.gov.wales/government-support-businesses
How to claim relief/grant
For relief awards only
Where possible, Wrexham Council will award the 100% business rates relief automatically to your account so there will be no need to apply. Once the relief is awarded, you will receive a notice confirming your zero balance for 2020/2021.
For grant awards of either £10,000 or £25,000
Please refer to the qualifying criteria shown above under Business Grants. If you feel you are eligible, please complete and submit the online application form. Please ensure you complete all mandatory fields or your claim will be rejected.
Wrexham Council appreciates the exceptional circumstances faced by businesses and is working hard to implement this support package as soon as possible and it may take a few weeks to finalise all awards.
Should you have any queries, please email firstname.lastname@example.org. You will receive a reply as soon as possible but we would ask you to be patient as we are experiencing a high volume of enquiries at this time.