Increases and extensions to business support grants and business rates reliefs – Scotland
From 5 May 2020, if you have more than one property, you may be able to apply for a grant for each eligible property.
This means you may be able to get a £10,000 or £25,000 grant on the first property. Then each additional property may be eligible for a:
- Small Business Support Grant of £7,500
- Retail, Hospitality, Leisure Support Grant of £18,500
These additional grants will need to comply with the European Union's State Aid rules.
The Scottish Government has confirmed: a full year's 100% non-domestic rates relief for retail, hospitality and tourism businesses.
In addition £10,000 grants will be available for small businesses in receipt of the Small Business Bonus Scheme or Rural Relief, and £25,000 grants will be available for hospitality, leisure and retail properties with a rateable value between £18,000 and £51,000.
Internet link: www.gov.scot/news/gbp-2-2-billion-for-business/
All non-domestic properties in Scotland will get a 1.6% rates relief. This relief effectively reverses the change in poundage for 2020-21.
You do not need to apply for this relief and it will be applied to your bill by your local council.
You will need to apply for the Grants to your local council. Perth and Kinross Council link to apply for the grant can be found using this link:
It will be possible to apply for the grants from 24 March 2020 and they will be available to 31 March 2021.