Extension to Small Business Support Grant

(Announced 8th June 2020)

Small businesses who share properties but do not pay business rates, can now apply for the Small Business Support Grant.

The Small Business Grant Scheme is provided directly from your local authorities in Scotland. In it’s initial form it provided grants to small businesses in receipt of small business rate relief (SBBR) and/or rural rate relief (RRR).

This was then clarified to also include businesses in receipt of:

The new Extension to SBSG now includes:

Businesses who are not the ratepayer

You can now apply for the Small Business Support Grant if you not a ratepayer but occupy certain types of space. For example shared office, business incubator or industrial space. You must lease the space from a landlord who is the registered ratepayer for the property.

Eligibility

To be eligible you must also:

  • be a registered business or partnership
  • have a lease signed before 17 March 2020
  • employ at least one person
  • have a business bank account

Updates to multiple retail, hospitality or leisure properties

If you have multiple properties and are not eligible for the Small Business Bonus Scheme, you may still be eligible for a Small Business Support Grant.

You might still be eligible for this grant, for any retail, hospitality or leisure properties with a rateable value up to £18,000 each.

All of your properties must have a combined rateable value of between £35,001 and £51,000.

The upper combined rateable value limit has now increased from £51,000 to a new maximum of £500,000.

Self-catering accommodation and caravans

Self-catering accommodation and caravans are eligible for these grants if they:

  • are a primary source of income for the ratepayer (one third or more), and
  • were let out for 140 days or more in financial year 2019-20

Source: Latest coronavirus update from the Scottish Government

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