Business rates and support grants in Northern Ireland

Business rates and support grants in Northern Ireland

Business rates and support grants

The Government has provided £20 billion of business rates support by introducing:

  • 100% business rates relief (a business rates holiday) in 2020/21 to all businesses in the retail, hospitality and leisure sectors, including sports clubs, regardless of the rateable value of your business premises. Further information issued to local councils by Government is available here.*
  • In addition to the rates relief, the hospitality, retail and leisure businesses with a rateable value of between £15,000 and £51,000 (please note, this is the rateable value and not the amount paid each year for business rates) can be provided with a one-off grant of up to £25,000. If businesses are interested in receiving a one-off grant and want to check eligibility or apply then enquiries should be directed to the relevant local authority.
  • Providing one-off grants of up to £10,000 to small business owners, who are currently eligible for Small Business Rate Relief (this was originally announced in the Budget as a £3,000 grant). Eligible businesses who receive Small Business Rates Relief will be contacted by their local authority, and do not need to apply to receive the grant.

*Further guidance will be issued on 20th March; the business rates relief will be dealt with by the local authorities, so businesses should not have to claim, it will be provided automatically to eligible businesses.

Business rates support and grants in Northern Ireland

COVID Small Business Grant of £10,000 for all businesses with a rateable value up to £15,000

All Northern Ireland businesses will pay zero rates for April, May and June 2020 – providing an instant 25% reduction that does not need to be repaid.

Retail, hospitality and tourism sector grant scheme – a grant of £25,000 will be provided to companies in these sectors with a rateable value of between £15,000 and up to and including £51,000.

For more information from the Northern Ireland Government please click here

For more information from the UK Government please click here

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