Financial support for businesses
Omicron Hospitality and Leisure Grant - this scheme is now closed
On 21 December 2021 the Chancellor announced that businesses in the hospitality and leisure sectors in England will be eligible for one-off grants. Guidance for the scheme was published on 30 December 2021. The scheme provides support to hospitality, leisure and accommodation businesses, in recognition that the rise of the Omicron variant means that some businesses are likely to struggle over the coming weeks.
Additional Restrictions Grant (ARG) - this scheme is now closed
On 21 December 2021, the Chancellor announced, in response to the rise of the Omicron variant, a £102 million top-up for the Additional Restrictions Grant funding provided to billing authorities in England. This funding is to support businesses from sectors that may have been severely impacted by restrictions, or by the Omicron variant, including those outside of the business rates system.
Additional Restrictions Grant (ARG) – Wyre Licenced Taxi Drivers - this scheme is now closed
A cash limited, discretionary grant fund to support businesses that continue to be severely impacted by the pandemic and the transition out of restrictions. These businesses may or may not be in the business rates system. You may be eligible if you are a current Wyre Licenced taxi driver and was licenced and trading on or before 30th December 2021.
COVID-19 Additional Relief Fund (CARF)
The Government has announced plans to provide an additional business rates support package, worth £1.5 billion, to support businesses in England affected by COVID-19 but not eligible for existing support linked to business rates.
On 15 December 2021 guidance on this scheme was provided to billing authorities.
The relief is available to reduce chargeable amounts in respect of 2021/22 and those eligible for inclusion in the scheme are:
- ratepayers with a business rates occupied charge to pay after the deduction of other reliefs, subject to Subsidy limits. and
- who don’t receive or are eligible for Retail Discount or Nursery Discount in 21/22 and
- who have been adversely affected by the pandemic and have been unable to adequately adapt to that impact.
The relief cannot be used to reduce empty rate charges.
The Council is now working to devise a scheme that meets the guidance criteria without exceeding the funding it has been provided for it.
Further information will be posted here in due course and we will be writing to businesses that may be eligible for the relief once the scheme has been approved.