COVID-19 Additional Relief Fund

This scheme aims to support businesses affected by the pandemic but have been ineligible for other types of business rates discounts and reliefs.

It takes the form of a business rates relief for the financial year 2021-22.

The fund replaces the right to request a reduction in business rates from the Valuation Office Agency, on the grounds that COVID-19 has been a material change of circumstances which affects the rateable value of your property.

Eligibility

For part or all of the period 1 April 2021 to 31 March 2022, the following five criteria should have applied to your business. You must have:

  • been liable for business rates
  • occupied your business property
  • traded from your business property
  • not received either an Expanded Retail Discount or a Nursery Discount on your business rates account
  • been adversely affected by the pandemic and have been unable to adequately adapt to that impact - this could include lost orders and contracts, lost revenue, significant additional costs and cashflow problems. 

Amount of discount

There is limited funding for this scheme. We will assess how much discount can be given to successful applicants after all the closing date has passed.

How to apply

The closing date for applications was 31 May 2022, and this scheme is now closed.

Subsidy allowance

Subsidy allowances restrict the amount of state funding a business can receive. The COVID-19 Additional Relief Fund is covered by 3 subsidy allowances:

  • Small Amounts of Financial Assistance Allowance - you're allowed up to £335,000 (subject to exchange rates) over any period of 3 years
  • COVID-19 Additional Relief Fund Allowance - you're allowed up to £1,900,000
  • COVID-19 Additional Relief Fund Further Allowance - if you have reached your limits 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 £10,000,000, provided certain conditions are met

Grants under these 3 allowances can be combined for a potential total allowance of up to £12,235,000 (subject to exchange rates).


This page was last updated on 10 June 2022.