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Coronavirus: Rates relief and business grants

Rates relief and small business grants

The Government is providing £20 billion of business rates support and grant funding to help the most-affected firms manage their cashflow through this period by:

  • giving all retail, hospitality and leisure businesses in England a 100% business rates holiday for the next 12 months
  • increasing grants to small businesses eligible for Small Business Rate Relief from £3,000 to £10,000
  • providing further £25,000 grants to retail, hospitality and leisure businesses operating from smaller premises, with a rateable value over £15,000 and below £51,000

This business rate support and grant funding will be administered by local authorities. There are eight local authorities within the Solent LEP region. Please click on the relevant link below in order to find out what advice they are offering businesses:

Eastleigh Borough Council

Fareham Borough Council

Gosport Borough Council

Havant Borough Council

Isle of Wight Council

New Forest District Council

Portsmouth City Council

Southampton City Council

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