Measures for Businesses with Property in Scotland
The following measures have been put in place by the Scottish Government as of April 2020:
- 100% rates relief for retail, hospitality and tourism
- Grants of £10,000 for small businesses in receipt of Small Business Bonus Scheme or Rural Relief
- Grants of £25,000 for hospitality, leisure and retail properties with a rateable value of between £18,001 – £51,000
Scottish businesses need to apply for these grants via their local authority.
To find the rateable value of your property in Scotland please use the following link: https://www.saa.gov.uk/
Bed and Breakfast Hardship Fund
This fund is aimed at B&B’s and other Small Serviced Accommodation businesses that don’t have a business bank account and have not been able to access support through other schemes. Successful applicants will receive a one-off payment of £3,000.
To be eligible for the fund your business must operate with a personal bank account that demonstrates business revenue and expenditure. Details of criteria and documentary evidence can be found here: https://findbusinesssupport.gov.scot/service/coronavirus/bed-and-breakfast-hardship-fund?utm_campaign=591496_FindBusinessSupport%20-%20COVID-19%20Updates%2064&utm_medium=email&utm_source=Scottish%20Enterprise&dm_i=4X7B,COEG,3LPYJ6,1FFPB,1
Other types of non-serviced accommodation are excluded from this fund, such as self-catering, caravan accommodation and Air BnB.
Businesses need to apply directly via their Local Authority. Applications opened on 15 June.
Further details of eligible businesses and further assistance in Scotland can be found using the following link: https://irishinscotland.com/coronavirus-advice/
