Public Houses: Small Business Grants Fund

(asked on 6th May 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the potential merits of introducing an exemption for pubs with a rateable value of £51,000 or above to enable them to be eligible for local authority business support grant funding.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 12th May 2020

Under the Retail, Hospitality and Leisure Grant Fund (RHLGF) businesses in England that would have been in receipt of the Expanded Retail Discount (which covers retail, hospitality and leisure) on 11 March 2020, with a rateable value of less than £51,000, will be eligible for cash grants of up to £25,000 per property. Businesses with a rateable value of £51,000 or over are not eligible for this scheme.

Businesses which are not eligible for the grants schemes should be able to benefit from other measures in the Government’s unprecedented package of support for business, including:

  • An option to defer VAT payments by up to twelve months;
  • The Coronavirus Business Interruption Loan Scheme, now extended to cover all businesses including those which would be able to access commercial credit;
  • The Bounce Back Loan scheme, which will ensure that small and micro businesses can quickly access loans of up to £50,000 which are 100% guaranteed by the Government;
  • The Coronavirus Job Retention Scheme, to support businesses with their wage bills;
  • The Self-Employment Income Support Scheme, to provide support to the self-employed.
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