DSM Chartered Accountants business news update 2nd June 2020 – Local Authority Discretionary Grant Fund
From 1st June local councils have each received a discretionary grant fund from government, to be awarded to any businesses who are not eligible for any local council and/or specialised covid-19 grant support already in place.
Main headlines are :-
- The Government says grants of up to £25,000 can be awarded but we have already seen some councils capping grants at £5,000. Grant amounts will be at the discretion of each local council’s priorities and volume of applications.
- To be eligible your business must have fewer than 50 employees, have been trading before 11th March 2020, still trading and have building costs, such as paying rent.
- Businesses who will receive priority for this grant include bed & breakfasts, market stall traders, those in small multi-occupation units (who probably don’t pay individual rates) and charities with premises.
- The deadline for applications depends on each council but we can see varies across councils between Monday 8th June and Friday 19th June.
- The grant will form part of your taxable income for tax year 2020/21.
- The online applications are directly with your local council, so a few local grant application links are :-
Ribble Valley Borough Council – https://ribblevalleygov-self.achieveservice.com/service/covid_19_business_support_local_authority_discretionary_grants
South Ribble Borough Council – https://southribble-ss.achieveservice.com/AchieveForms/?mode=fill&consentMessage=yes&form_uri=sandbox-publish://AF-Process-da68da12-a544-4642-8e6f-510933e8dece/AF-Stage-2a0d5d87-29c8-4b8a-beaa-5df2b3141ccd/definition.json&process=1&process_uri=sandbox-processes://AF-Process-da68da12-a544-4642-8e6f-510933e8dece&process_id=AF-Process-da68da12-a544-4642-8e6f-510933e8dec
Preston City Council – https://www.preston.gov.uk/article/2457/Local-Authority-Discretionary-Grants-Fund-
Blackburn Borough Council – https://theshuttle.org.uk/more-support-for-business-as-new-covid-19-grant-programme-opens-for-applications/
Burnley Borough Council – https://your.burnley.gov.uk/en/AchieveForms/?form_uri=sandbox-publish://AF-Process-6cad1e55-40eb-417f-9f99-093287ff2b4a/AF-Stage-86725292-b614-4e31-ab7c-4ff78c99c211/definition.json&redirectlink=/en&cancelRedirectLink=/en&consentMessage=yes&noLoginPrompt=1
Pendle Borough Council – https://www.pendle.gov.uk/xfp/form/338
Fylde Council – https://new.fylde.gov.uk/dbgf/
(Sorry we couldn’t add more and our sincere apologies if we’ve not included your local council but we are happy to help find a grant link for you, please just contact us).