Up until the 20th May 2020, a one off grant of £25,000 is available to ratepayers of businesses in retail, hospitality and tourism in Northern Ireland, operating in a premise with the rateable value of £15,001 or up to £51,000.
This is the rateable value on the 7th Valuation List on the 15th March 2020 or the rateable value on the 8th Valuation List on 1st April 2020. This will ony be available if they were the ratepayer for a premise occupied for business use on the 15th March 2020.
Only one grant will be available per ratepayer regardless of the number of premises they hold.
This scheme has been provided as support for businesses facing financial hardship and have need for financial relief under the terms and conditions of the Business Support Scheme, due to the Coronavirus outbreak.
This grant is aimed at helping keep companies in business and keep productive capacity so that they can recover. Its intention is to:
- Protect jobs
- Prevent business closure
- Promote economic recovery
Applications will be assessed and payments made as soon as possible, although in cases where eligibility is less clear it will be necessary to carry out futher verification checks, you will be contacted where further information is required and payments will be made as soon as possible.
If your application is accepted the grant will be sent directly to your bank account and you will receive an email confirming that the grant payment has been issued.
The Department reserve the right to reject applications that do not fully meet the criteria, in this case a written notification will be sent as soon as the rejection decision is made. These notifications will clearly detail the reason of rejection.
Click Here to apply.
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