In response to the four week pause at Step 3 of the Covid-19 Recovery Roadmap, the Council is providing additional grant support for those businesses impacted by the continuing restrictions.
To be eligible for the Restart Grant Top-Up Payment, businesses must be in the following business sectors:
- Gym and sports
- Personal care
- Travel and tourism, including group travel, travel agents and tour operators
- Wedding industries
- Events industries
- Wholesalers supplying eligible businesses
- English language schools
Businesses must also:
- Be based in England and operate in East Cambridgeshire.
- Have a business rates account.
- Have been trading on 14 June 2021. For the purposes of this grant scheme, a business is considered to be trading if it is engaged in business activity. This should be interpreted as carrying on a trade or profession, or buying and selling goods or services in order to generate turnover.
Businesses excluded from the fund:
- Businesses that have already received grant payments that equal the maximum permitted levels of subsidy will not be eligible to receive funding.
- Businesses that are in administration, insolvent or where a striking-off notice has been made, are not eligible for funding under this scheme.
A further funding round will be launched for businesses outside the business rates system shortly.
How to apply
The Council will automatically pay this grant to eligible businesses who have previously successfully applied for the Restart Grant.
Grants will be allocated by the date that a business’s Restart Grant application was received by the Council. Independent businesses will be prioritised over national businesses and community facilities. When the existing funds are exhausted, any outstanding grant payments will be made when the Council receives its top-up funding from the Government.
Payments have now been made to businesses. Payments to other eligible businesses will be made after the top-up funding is received. By accepting the grant payment, the business confirms that they are eligible for the Restart Grant Top-Up Payment.
Businesses whose details have changed, or business circumstances have changed (for example, the business has permanently closed, has gone into administration, become insolvent or had a striking-off notice, or the business has reached Subsidy Allowance limits), should email details to email@example.com or telephone 01353 665555 as soon as possible.
Businesses that were eligible, did not receive the Restart Grant, should email their business name, business address and business rates account number to firstname.lastname@example.org or telephone 01353 665555 to request an application form.
How much funding will be provided to businesses?
This is a one-off grant.
- Businesses with a rateable value of exactly £15,000 or under on 1 April 2021 will receive a payment of £1,334.
- Businesses with a rateable value over £15,000 and less than £51,000 on 1 April 2021 will receive a payment of £2,000.
- Businesses with a rateable value of exactly £51,000 or over on 1 April 2021 will receive a payment of £3,000.
Managing the risk of fraud
The Council will not accept deliberate manipulation or fraud and any business caught falsifying their records to gain grant money may face prosecution and any funding issued will be subject to claw back, as may any grants paid in error. All information is subject to internal and external audit checks.
East Cambridgeshire District Council will share data for efficient system administration and to protect the Public Purse, subject to the GDPR. This will include sharing data with Anglia Revenues Partnership, Central Government and other Local Authorities. Grant recipients may be contacted for research purposes, and their data will be shared with BEIS for research and evaluation purposes.
By accepting a Restart Grant Top-Up Payment all applicants give authority to East Cambridgeshire District Council to share data for efficient system administration and to protect the Public Purse, subject to the GDPR. This will include sharing data with Anglia Revenues Partnership, Central Government and other Local Authorities. Grant recipients may be contacted for research purposes, and their data will be shared with BEIS for research and evaluation purposes.
Grant income received by a business is taxable, therefore funding paid under the Restart Grant Top-Up Payment scheme will be subject to tax. Only businesses which make an overall profit once grant income is included will be subject to tax.
Subsidy Allowance (previously referred to as State Aid)
This grant scheme is covered by three subsidy allowances:
- Small Amounts of Financial Assistance Allowance – you’re allowed up to £335,000 (subject to exchange rates) over any period of three years
- Covid-19 Business Grant Allowance – you are allowed up to £1,600,000
- Covid-19 Business Grant Special Allowance - if you have reached your limit under the Small Amounts of Financial Assistance Allowance and Covid-19 Business Grant Allowance, you may be able to access a further allowance of funding under these scheme rules of up to £9,000,000, provided certain conditions are met.
Grants under these three allowances can be combined for a potential total allowance of up to £10,935,000 (subject to exchange rates).