Welsh Government Extends Support Package for Businesses affected by Coronavirus

20 March 2020

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Further to the £200 million package already confirmed by the Welsh Government it has been announced that there will be a provision of almost £1.4 billion of support for businesses during this difficult time.

In addition to the 100% business rate relief in 2020-21 for all retail, leisure and hospitality businesses, £850 million will be made available for a new grant scheme for businesses.

In particular, all businesses that are currently eligible for Small Business Rates Relief – those with a rateable value up to £12,000 – will receive a grant of £10,000.

Retail, leisure and hospitality businesses with a rateable value between £12,001 and £51,000 will receive a grant of £25,000.

Furthermore, there will be a hardship fund to provide support for certain other businesses.

Once this information is released we will let you know immediately. 

Jane Shankland is very approachable and responsive as well as having sound all round experience of rating law. The Council has benefited greatly from Jane’s support, sound advice and skill and the Council will continue to use her services.

Louise Horner, Blaenau Gwent County Borough Council