Blaenau Gwent CBC – Business Community COVID – 19 updates
With the Covid-19 pandemic causing almost hourly changes for businesses and public services, we wanted to share what support we can offer to companies here in Blaenau Gwent.
In Blaenau Gwent, we can confirm the following:
Help with your Business Rates
All retail, leisure and hospitality businesses will receive 100% non-domestic rates relief in 2020-21 regardless of their rateable value. (i.e nothing to pay for the year). If you are eligible for this relief, this will automatically be applied to your business rates account.
Please follow this link for further details on the scheme.
If you require any further assistance, please contact the Revenues Section on telephone number: 01495 355212.
In addition, the Welsh Government has recently announced a support package for businesses in Wales to help combat the economic impact of Coronavirus.
Retail, leisure and hospitality businesses with a rateable value between £12,001 and £51,000 will receive a grant of £25,000.
All businesses currently eligible for Small Business Rates Relief – those with a rateable value up to £12,000 – will receive a grant of £10,000.
Please note that the multiple property restriction which applies to the SBRR Scheme also applies to this grant. Therefore, the same ratepayer may only receive the grant for a maximum of two properties in each local authority area.
If you are currently paying your Business Rates by Direct Debit there is no requirement to fill in the online form because we already hold your bank details.
If you pay by any other method please complete the online form and supply your bank details.
If you are successful, the grant will be paid directly into your bank account.
Once you’ve made your application, we ask you to be patient in not following-up by telephone as that will result in grants taking longer to process. We will contact you if we need to clarify anything. We aim to process your payment within 10 working days. We very much appreciate the major challenges being faced by businesses, and our staff will be making every effort to get your grant paid to you as soon as possible.
Please click on the following web-link to access a COVID-19 questionnaire to provide us with the specific business support requirements you require. https://www.blaenaugwentbusinesshub.co.uk/BusinessSupport/Covid-19.
The questionnaire covers all business types and will allow us to assess the scale of impact across Blaenau Gwent and to report on the specific support that will be required to alleviate the difficult business operations that is being experienced at this time.
HM Treasury Announcement
On 20th March, HM Treasury announced a further series of measures to support people, jobs and businesses. This includes a Coronavirus Job Retention Scheme which will help pay people’s wages and deferring VAT and Income Tax payments. All UK businesses, including those in Wales are eligible for these two new strands of support which are being administered through HMRC.
Further guidance on what you need to do is available on the following website:
The HMRC also has a Coronavirus helpline for businesses and self-employed people and is available on 0800 0159 559. Note that the HMRC is working urgently to set up the system. Existing HMRC systems are not set up to facilitate payments to employers.
The links below will take you to further information on specific subject areas:
- Development Bank of Wales – Information of services available via the Development Bank of Wales - https://developmentbank.wales/coronavirus-support-welsh-businesses
- Government Support – Information on support provided via the Welsh Government, including Business Rate Relief and Business Grant Schemes - https://businesswales.gov.wales/government-support-businesses
BEIS guidance to employers and businesses about covid-19 – Link to information and guidance from the UK Government on areas such as Statutory Sick Pay, Advice for employees which have travelled to high risk areas and home working - https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19
We also want to promote services available to businesses at this time. If you have any content or links you would like us to share on our Blaenau Gwent Business Hub, Council website or social channels please share it with us. Economic Development Team – 01495 355700 - firstname.lastname@example.org