The £10,000 and £25,000 grants that we have been updating you on are being administered via Scottish Councils and most if not all councils have the application forms available to download already.
If you wish to start your application immediately you can use the drop-down list on this Scottish Government site to go straight to this page on your local council for grant information and download the form.
- SMALL BUSINESS SUPPORT GRANT
Application for a one-off £10,000 grant available for the ratepayers of properties which had a rateable value of £18,000 or less and were, on 17 March 2020, 1) in receipt of the Small Business Bonus Scheme (SBBS), 2) in receipt of Rural Relief, or 3) eligible for SBBS but in receipt of Nursery Relief or Disabled Relief.
2) RETAIL, HOSPITALITY, LEISURE SUPPORT GRANT
Application for a £25,000 grant available for relief recipients with a rateable value between £18,001 and £50,999 in the retail, hospitality, and leisure sectors.
The grants are linked to business rates and you will need the rates reference number for your business and your bank account details (sort code and account numbers etc).
It looks pretty straight forward and although not all councils are using the same form the information required is identical.
There are restrictions such as you can only apply for one of your premises – That might be a problem for pub or restaurant/cafe chains in particular.
The grant is subject to de minimis aid rules meaning the company applying can’t have already received more than EUR 200,000 for each undertaking over a 3-year period.
The form asks if your business was already in financial trouble at the end of 2019 and asks you to provide details if the answer is Yes. Every company is eligible but I guess (and it is only a guess) that if you were already behind on your rates and other payments to the council they may investigate. They are in the business of helping companies that are impacted by Coronavirus, not those that were just in trouble already. It may be a tick box exercise but I would suggest you talk to your accountant if you are worried about that.