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Latest Covid-19 support for businesses to open shortly

Pembrokeshire businesses impacted by the move to Alert Level 2 Covid-19 measures will shortly be able to register or apply for Welsh Government funding.

The First Minister announced a £120m package of support for nightclubs, events, retail, hospitality, leisure and tourism businesses and their supply chains, impacted by the move to Alert Level 2.

An eligibility checker for businesses has now gone live.

Businesses are urged to check their eligibility at:

https://fundchecker.businesswales.gov.wales/businesssupport?_ga=2.234856926.1944247233.1641292011-360841121.1641292011

The above link also features further information and a series of FAQs about the latest round of support.

The funding will take the form of three elements.

 

Non Domestic Rates (NDR) linked funding of up to £6,000.

Retail, hospitality, leisure and tourism business who pay Non Domestic Rates will be entitled to a payment of £2,000, £4,000 or £6,000 depending on their rateable value.

Businesses will need to re-register their details with Pembrokeshire County Council through an online process in order to receive their payments.

 

The Council will also deliver a discretionary fund to support sole traders, freelancers and businesses who don’t pay rates, with funding of £500 - £2000.

The Local Authority discretionary fund will be via a short application process with sole traders, freelancers and taxi drivers able to apply for £500 and businesses that employ people but do not pay business rates will be able to apply for £2,000.

 Pembrokeshire County Council plans to open the schemes on Monday 10th January for the NDR related fund and Monday 17th January for the Discretionary fund.

 See notes below for further information on the way the NDR linked grant and discretionary fund will be allocated.

 

The third element of the funding is a reopening of the Welsh Government’s Economic Resilience Fund (ERF).

 On top of NDR based funding, this will see funds of up to £25,000 made available for severely impacted hospitality and leisure businesses – and their supply chains.

 As with previous ERF rounds, this will support businesses who have seen a reduction in their turnover of more than 60%.

 Details of the application and registration process will be published on the Authority’s Business Advice and Support pages: https://www.pembrokeshire.gov.uk/business-advice-and-support

 The funding package is designed to support businesses impacted by the spread of Omicron through the period 13 December 2021 to 14 February 2022.

 Please note that as a result of the new emergency support packages, the Welsh Government is withdrawing its £35m Business Support Fund, announced in November, in order to process emergency payments as soon as possible.

 Any expressions of interest received will be notified of this directly.

 

NOTES

 

There will not be an application process for the NDR linked fund, however in order to receive payment businesses will be required to register with their Local Authority to confirm their details.

NDR linked funds will then be paid directly to rate payers as follows:

  • Non-essential retail, hospitality, leisure and tourism (NERHLT) businesses in receipt of Small Business Rate Relief (SBRR) and with a rateable value of £12,000 or less will be eligible for a £2,000 payment, if impacted by the restrictions.
  • NERHLT businesses with a rateable value of between £12,001 and £51,000 will be eligible for a £4,000 payment if impacted by the restrictions.
  • NERHLT businesses with a rateable value of between £51,001 and £500,000 will be eligible for a £6,000 payment if impacted by the restrictions.

 The Local Authority discretionary fund will be via a short application process with sole traders, freelancers and taxi drivers able to apply for £500 and businesses that employ people but do not pay business rates will be able to apply for £2,000.


ID: 8448, revised 05/01/2022