Following the announcement of the latest national lockdown, the government has made available additional funds to support businesses on the Isles of Scilly. The funding is split into two portions: the first for businesses which pay business rates and the second (discretionary element) which is aimed at all businesses that meet the local criteria.
Businesses that pay business rates
Businesses that pay business rates are eligible for the Local Restrictions Support Grant (LRSG) and the Closed Business Lockdown Payment schemes. Payments under these schemes will be combined into a single 6 week (42 day) payment, as set out in the table below. All qualifying businesses will be paid automatically by our colleagues in Cornwall Council. Payments for the LRSG 6 week lockdown period and one off grant will be made automatically to the businesses that received payments during the November LRSG lockdown period, on Monday, 25 January and should arrive in accounts 3 days later. Checks will be made to establish whether any business properties have changed hands since November.
If you think you should have received a payment and haven't, please email revenues@scilly.gov.uk or call 0300 1234 105 (option 1, followed by option 1).
|
|
Local Restrictions Support Grant |
Closed Business Lockdown Payment |
Total single payment |
|
Grant threshold – rateable value £15k or under |
£2,001 per 42 day period |
£4,000 |
£6,001 |
|
Grant threshold – rateable value £15k to £51k |
£3,000 per 42 day period |
£6,000 |
£9,000 |
|
Grant threshold – rateable value greater than £51k |
£4,500 per 42 day period |
£9,000 |
£13,500 |
All businesses, including those not paying business rates
Businesses may also be able to claim support under the Additional Restrictions Grant. Primarily aimed at businesses not in receipt of the mandatory payment schemes described above, the Additional Restrictions Grant is now open for applications until 23:59 on Sunday, 31 January 2021.
Our priority is to help businesses who have not been able to claim other grants or funds. This includes those that are excluded from the self-employed income support scheme. This could be due to them being set up as a limited company and / or being a new business.
Applications are encouraged from businesses involved in the supply chain who have been severely affected by the pandemic.
How to apply
Applications for the Additional Restrictions Grant can be made via our Collection Portal.
Once the application window has closed your application will be assessed for eligibility.
Businesses can claim a maximum of £2,001.
We have also allocated £10,000 to the Islands Partnership for future events management to support the wider visitor economy.
If you are a business owner suffering a loss of income as result of COVID-19, regardless of whether you pay business rates, you may be eligible if you or your business fall into one of the following categories:
- Lockdown regulations require business closure
- Lockdown requirements significantly affect business viability (including businesses that have chosen to close and have not been required to, and those whose income has been adversely affected due to reduced demand)
- The business was previously open and providing in-person services to customers from their premises
- You are a business rate payer in hardship after receiving all available support
- You are a non-business rate payer in hardship, suffering a loss of income
Businesses will not be eligible if any of the following apply:
- they have already received maximum levels of state aid under ‘de minimis’ regulations (€200,000 in the last 3 financial years)
- they are in administration, or are insolvent.
Please note eligibility checks will be made and fraudulent claims prosecuted.
Please submit your application to our Collection Portal by 23:59 on Sunday, 31 January 2021.