COVID-19 - Government support for businesses
Update - Tuesday, 11 January 2022
We have recently received further guidance from Central Government on how the latest round of grants for the hospitality and leisure sector will work.
We are working through this guidance to pull together the eligibility criteria and application process for businesses in Swindon. As soon as this is ready, we will add the details to this webpage, along with an application form.
We would like to thank all our local businesses for your ongoing patience. Our goal is to process the funding as quickly as possible, to get money into businesses' accounts where it is needed most.
Omicron Hospitality and Leisure Grant
Below is some initial guidance about this new scheme. Further criteria will be provided as soon as possible.
- The primary principle of the Omicron Hospitality and Leisure Grant scheme is to support businesses that offer in-person services. This is where the main service and activity takes place in a fixed rate-paying premises, in the hospitality, leisure and accommodation sectors.
- For the purposes of this scheme, a hospitality business can be defined as a business whose main function is to provide a venue for the consumption and sale of food and drink. Therefore food kiosks and businesses whose main service (generating 50% or more of income) is a takeaway, will not qualify.
- The Government has stated that the one-off grants should be distributed as follows:
- Businesses occupying premises appearing on the local rating list with a rateable value of exactly £15,000 or under on 30 December 2021, will receive a payment of £2,667
- Businesses occupying premises appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on 30 December 2021, will receive a payment of £4,000
- Businesses occupying premises appearing on the local rating list with a rateable value of exactly £51,000 or over on 30 December 2021, will receive a payment of £6,000
- The Omicron Hospitality and Leisure Grant scheme is for businesses on the Valuation Office Agency (VOA) ratings list only
- Businesses must have been on the business rates register on 30 December 2021
- Businesses must have been trading on 30 December 2021 to be eligible to receive funding under this scheme. Guidance will be provided around the definition of ‘trading’.
- Businesses that have already received grant payments that equal the maximum permitted subsidy allowances, will not be eligible to receive funding
- Businesses that are not within the ratings system will not be eligible to receive funding under this scheme
- Businesses that are in administration, insolvent or where a striking-off notice has been made, are not eligible for funding under this scheme
- Grant payments should only be made to UK bank accounts and grant income received by a business is taxable
Additional Restrictions Grant (ARG) scheme
Alongside the Omicron Hospitality and Leisure Grant, we will also be updating the Additional Restrictions Grant (ARG) scheme in line with latest government guidance.
Further details will be available on this webpage very shortly.