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Small Business Grant Fund

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  • nma1
    started a topic Small Business Grant Fund

    Small Business Grant Fund

    I'm new to the forum so "Hello everybody!"

    Anyway, down to the nitty gritty...

    We are having some problems with a local authority releasing our grant.... and further difficulties trying to find the legislative framework that enabled this scheme! There doesn't seem to be any mention in the Coronavirus Act 2020 and Finance Act 2020 (save for s.106 FA but this only touches on taxation of the grants). I've also checked SIs and treasury directions to no avail.

    Has anyone here any idea at all the framework of these grants?

    (for clarity this is the 10,000 grant linked to small business rates relief eligibility)

    Thank you very much in advance!
    Tags: None

  • nma1
    replied

    Leave a comment:


  • ploddertom
    replied
    Just don't let them tie you up with gobbledigook.

    Leave a comment:


  • nma1
    replied
    I think you're right a call to the BEIS is on the cards. Thanks for your help

    Leave a comment:


  • ploddertom
    replied
    I think to get a definitive answer you may have to ask those in the know at the Council or Dept of Business or whatever it is called these days.

    Leave a comment:


  • nma1
    replied
    That's a good summary of the law but it doesn't actually provide the source of what it is summarising, which is odd...

    Leave a comment:


  • ploddertom
    replied
    This may help

    business-support-grants-funding-schemes-local-authorities-guidance-v6.pdf

    Leave a comment:


  • nma1
    replied
    This is where I thought it would be (see my OP) and hence was my first port of call... but save for a mention on taxation at s.106 I can't for the life of me see it anywhere else

    Here's the link:

    https://www.legislation.gov.uk/ukpga...ntents/enacted

    Leave a comment:


  • ploddertom
    replied
    If you want to look it up then no doubt it will be included in the Local Government Finance Act following the Chancellors announcement in his Budget statement.

    Leave a comment:


  • nma1
    replied
    Thanks for the replies but it's not really relevant to the question I asked. Just to be clear I am looking for the legislative framework to this process

    Leave a comment:


  • ploddertom
    replied
    It was up to the ratepayer to claim, it was not automatic. You had to be the named ratepayer on 11 March 2020. Read more @ https://www.gov.uk/guidance/check-if...ess-grant-fund

    The Council would have told you when the closing date was and what information they need to establish you qualified. I submitted mine to my local Council and had the money in the bank 5 days later.

    Leave a comment:


  • nma1
    replied
    In this case the time of application isn't a problem, but it does raise an interesting point - some LAs have stated an application deadline of 28 August 2020 - but where did this date come? And was there even a legal requirement to submit an application in any event?

    Leave a comment:


  • ploddertom
    replied
    When did you apply for it as there is a time limit which will have expired by now.

    Leave a comment:

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