Coronavirus: Restrictions Business Fund NDR Linked Grants - March 2021
The Welsh Government introduced the Restrictions Business Fund to support businesses (mainly in the hospitality, tourism, leisure and non-essential retail sectors) with cash flow support and to help them survive the economic consequences of restrictions put in place to control the spread of Covid-19.
There are new NDR Linked grants available from the Restrictions Business Fund to support businesses, social enterprises and charitable organisations.
Applying for this grant closed at 5pm on Wednesday 31 March 2021.
What is available?
There are two NDR Linked grants available through this fund. A business can only receive one of the grants at a maximum of two properties in each local authority area, and the grant it receives will depend on the property's rateable value.
Grant A is a £4,000 payment for hospitality, tourism and related supply chain businesses, including some retail businesses with Small Business Rate Relief (SBRR) that have a property with a rateable value of £12,000 or less.
Grant A is also available to ratepayers eligible for charitable relief and Community Amateur Sports Clubs (CASC) relief, operating in the leisure and hospitality sectors occupying properties.
Grant B is a £5,000 payment for hospitality, tourism and related supply chain businesses including some retail businesses occupying properties with a rateable value between £12,001 and £500,000.
Grant B is also available to not-for-profit organisations occupying eligible hospitality and leisure properties.
Eligibility for the grant
Your business may be eligible for this grant if it:
- was liable as the NDR (business rates) payer of a qualifying property on 1 March 2021 and will need to have been actively trading and generating sales revenue up to 6pm on 4 December 2020
- has experienced a 40% reduction in turnover for January 2021 and February 2021 as compared to January 2020 and February 2020
The following are examples of qualifying properties.
Properties that are being used for the sale of goods
- Shops (such as florists, bakers, butchers, grocers, greengrocers, jewellers, stationers, off-licences, newsagents, hardware stores, supermarkets, etc)
- Charity shops
- Post offices
- Furnishing shops or display rooms (such as carpet shops, double glazing, garage doors)
- Car or caravan showrooms
- Second hard car lots
- Petrol stations
- Garden centres
- Art galleries (where art is for sale or hire)
Properties that are being used for certain services
- Hair and beauty services
- Shoe repairs or key cutting
- Travel agents
- Ticket offices, eg. for theatre
- Dry cleaners
- PC, TV or domestic appliance repair
- Funeral directors
- Photo processing
- DVD or video rentals
- Tool hire
- Car hire
- Estate and letting agents
Businesses not eligible for this grant
The following are examples of businesses that would not qualify for this grant:
- Financial services (eg. banks, building societies, cash points, ATMs, bureaux de change, payday lenders, betting shops, pawn brokers)
- Medical services (eg. vets, dentists, doctors, osteopaths, chiropractors)
- Professional services (eg. solicitors, accountants, insurance agents, financial advisers, tutors)
- Post Office sorting offices
- Day nurseries
- Kennels and catteries
- Casino and gambling clubs
- Show homes and marketing suites
- Employment agencies
Self-catering accommodation properties are not eligible for this grant unless they:
- can produce two years of trading accounts directly preceding the current financial year of the business
- have been let for a period of 140 days or more in the financial year 2019-20
- are the primary source of income for the owner (minimum threshold is 50%).
What happens after applying
We will send an email to confirm that we have received your application.
Applications will be dealt with on a first come first served basis. This may lead to some applications being unsuccessful if there are no funds left.
We will make a decision on whether or not your application is successful based on the information you provide as well as checks from other business sources. If the information or evidence provided is incorrect, incomplete or insufficient, the application will be rejected.
We aim to make a decision on applications within 30 working days.
Please make sure that you regularly check your email account's inbox, spam and junk folders for an email from us, as well as your bank account for a payment.
If your application is successful, we will pay the grant in full to the bank account details you provide.
We will email you to let you know if your application is unsuccessful and provide the reasons for this decision. There is no appeal process.
A Restrictions Business Fund Grant may need to be repaid in part or full, if we receive evidence that it should not have been granted.