The second payment cycle covers 16 February to 31 March 2021. The levels of grant funding are as follows:
Businesses with a rateable value £15,000 or less may be eligible for £2,096
Businesses with a rateable value over £15,000, but less than £51,000, may be eligible for £3,143
Businesses with a rateable value £51,000 or above may be eligible for £4,714
Our business rates team will shortly email all eligible businesses to confirm the payment process and their grant allocation during the week commencing 8 March, if not before.
Please note that there are currently no actions that businesses need to take. If you have not received an email by 31 March, please let us know so that we can arrange for you to apply directly for this funding.
Please keep an eye on our newsletter for further updates.
The scheme closes for applications at midday on 31 March 2021, or when available funds are exhausted. We will send out an update via our newsletter if all funding has been allocated before the deadline.
Mental health support for business owners We understand that the COVID-19 pandemic has had a considerable impact on our local business owners and their mental wellbeing.
We’re receiving lots of messages from local business owners who would like some support with their mental health. If you or someone you care for are experiencing a mental health crisis, we urge you to make contact with a local health professional immediately.
To help, we’ve put together a list of organisations that can help you to navigate your way through this difficult time.
Self Assessment taxpayers will not be charged a 5 per cent late payment penalty if they pay their tax or set up a payment plan by 1 April, HM Revenue and Customs (HMRC) has announced.
The payment deadline for Self Assessment is 31 January and interest is charged from 1 February on any amounts outstanding. Normally, a 5 per cent late payment penalty is charged on any unpaid tax that is still outstanding on 3 March. This year, due to the COVID-19 pandemic, taxpayers have more time to pay or set up a payment plan.