{"id":5820,"date":"2020-06-11T10:20:10","date_gmt":"2020-06-11T10:20:10","guid":{"rendered":"https:\/\/sloane.co.uk\/finance\/blog-post\/local-authority-discretionary-grants-fund-how-it-can-help-your-business\/"},"modified":"2020-06-11T10:20:10","modified_gmt":"2020-06-11T10:20:10","slug":"local-authority-discretionary-grants-fund-how-it-can-help-your-business","status":"publish","type":"post","link":"https:\/\/sloane.co.uk\/finance\/blog-post\/opportunities\/local-authority-discretionary-grants-fund-how-it-can-help-your-business\/","title":{"rendered":"Local Authority Discretionary Grants Fund \u2013 how it can help your business"},"content":{"rendered":"<section class=\"article-content post-content\" id=\"article-content\">\n<p>The government has launched the second round of applications for the <a href=\"https:\/\/www.gov.uk\/guidance\/apply-for-the-coronavirus-local-authority-discretionary-grants-fund\" target=\"_blank\" rel=\"noopener noreferrer\">Local Authority Discretionary Grants Fund<\/a>.<\/p>\n<p>\t    \t<!-- \/14181245\/TEST-INPAGE-TEXTAD_4 --><\/p>\n<div class=\"inpage-ad\" data-origid=\"4\">\n<div id=\"div-gpt-ad-1498568931895-4\">\n\t\t\t<!-- CALLED --><br \/>\n\t\t\t\t<script type=\"text\/javascript\">\n\t\t\t\t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1498568931895-4'); });\n\t\t\t\t<\/script><!-- post CALLED -->\n<\/div><\/div>\n<p>It\u2019s for businesses that aren\u2019t in the leisure, retail and hospitality industries. With the grant you can receive \u00a325,000, \u00a310,000 or any amount under \u00a310,000.<\/p>\n<h3>Am I eligible for the Local Authority Discretionary Grants Fund?<\/h3>\n<p>Your business must be based in England and you must have been trading since 11 March. You\u2019ll\u00a0 qualify if you occupy a property or part of a property which has a rateable value of below \u00a351,000.<\/p>\n<p>You should have relatively high ongoing costs and face significant financial impact because of coronavirus. People who have received support under <a href=\"https:\/\/smallbusiness.co.uk\/what-the-revamped-furlough-scheme-means-for-your-small-business-2550437\/\">the furlough scheme<\/a> or the <a href=\"https:\/\/smallbusiness.co.uk\/self-employed-income-support-scheme-what-it-means-for-you-2549988\/\">Self-employed Income Support Scheme<\/a> can also apply, as long as they haven\u2019t applied for this fund already.<\/p>\n<p>To apply, you\u2019ll need to provide evidence of fixed property costs plus evidence of a substantial loss of income because of coronavirus as well as proof that you\u2019re a small or micro business.<\/p>\n<p>Businesses that are in administration, insolvent or have received a striking-off notice won\u2019t be eligible. You also can\u2019t apply if you\u2019ve had support from the Small Business Grant Fund; Retail, Hospitality and Leisure Grant; Fisheries Response Fund; Domestic Seafood Supply Scheme; Zoos Support Fund; or the Dairy Hardship Fund.<\/p>\n<p>Applications are open until Wednesday 17 June.<\/p>\n<h3>Councils have the final say<\/h3>\n<p>Local councils have been asked to prioritise certain types of businesses:<\/p>\n<ul>\n<li>Small businesses in shared offices or other flexible workspaces, such as units in industrial parks or incubators<\/li>\n<li>Regular market traders<\/li>\n<li>Bed and breakfasts paying council tax instead of business rates<\/li>\n<li>Charity properties getting charitable business rates relief, which are not eligible for small business rates relief or rural rate relief<\/li>\n<\/ul>\n<p>Note that distribution of funding is at your local council\u2019s discretion. Please check the details that they provide about the scheme.<\/p>\n<div id=\"suggestvplayer\"><\/div>\n<p>Your council will run tests to check your eligibility after you apply. If you\u2019re successful, there is no need to pay the grant back, but it is taxable. <a href=\"https:\/\/www.gov.uk\/find-local-council\" target=\"_blank\" rel=\"noopener noreferrer\">Find your local council site through gov.uk<\/a>.<\/p>\n<p>Businesses that apply for this scheme can apply for other coronavirus related grant schemes.<\/p>\n<h3>Read more<\/h3>\n<p><a href=\"https:\/\/smallbusiness.co.uk\/where-to-find-your-small-business-coronavirus-grant-2550224\/\">Find your small business coronavirus grant \u2013 list of UK councils<\/a><\/p>\n<p><!--\n                --><\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p class=\"article-intro secondary-text-colour\">The government has launched its second round of the Local Authority Discretionary Grants Fund. Find out if you&#8217;re eligible<\/p>\n","protected":false},"author":2,"featured_media":5821,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[28],"tags":[],"_links":{"self":[{"href":"https:\/\/sloane.co.uk\/wp-json\/wp\/v2\/posts\/5820"}],"collection":[{"href":"https:\/\/sloane.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sloane.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sloane.co.uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sloane.co.uk\/wp-json\/wp\/v2\/comments?post=5820"}],"version-history":[{"count":0,"href":"https:\/\/sloane.co.uk\/wp-json\/wp\/v2\/posts\/5820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sloane.co.uk\/wp-json\/wp\/v2\/media\/5821"}],"wp:attachment":[{"href":"https:\/\/sloane.co.uk\/wp-json\/wp\/v2\/media?parent=5820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sloane.co.uk\/wp-json\/wp\/v2\/categories?post=5820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sloane.co.uk\/wp-json\/wp\/v2\/tags?post=5820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}