Business rate relief support
A series of temporary rate reliefs and support is available to businesses.
Latest lockdown financial help
Businesses that are required to close due to the latest national lockdown may be eligible for financial support. As soon as we receive further guidance and information from the government we will share it on this webpage and via this business e-newsletter, which you can sign up to receive.
Ealing Council is now issuing local restrictions support grant payments for the second national lockdown (5 November - 2 December 2020). We expect payments to be made by 25 January 2021. Payments will then follow for leisure, hospitality and hotels for the periods from 2 December to 19 December.
We are still waiting funding from the government for some of the other local restrictions grants (3 and 4) and will start making payments shortly. Businesses who are entitled to this funding will be identified by the council and payments made directly to businesses. We will also be re-opening applications for businesses who may not have applied during the last application window where circumstances have now changed.
Our teams are experiencing extremely high levels of demand. Thank you for your patience during this difficult time. Please avoid contacting us for an update unless absolutely necessary, as this may slow down processing applications.
Details of the Ealing discretionary scheme will also be available from the end of January 2021 with an application process to follow.
Wet-led pubs - pubs that predominantly serve alcohol rather than provide food - that have been severely impacted over the festive season due to temporary local restrictions will be eligible for a one-off £1,000 grant. We're issuing these payments in early January 2021.
Mandatory grant schemes
- Local restrictions support grant - for businesses that are ratepayers and were instructed to close due to the lockdown 2.0 from 5 November - 2 December 2020. Grant applications closed on 23 December 2020. We're going to issue payments in due course.
- Local restrictions grant (by sector) - for nightclubs and sexual entertainment venues for the period 1 November to 4 November 2020 and subsequently after lockdown 2.0 5 November - 2 December 2020. We're going to issue payments in due course.
Discretionary grant schemes
- Tier 2 impacted grant - for hospitality, hotel and bed and breakfast accommodation and leisure businesses that were impacted during Tier 2 restrictions - 17 October to 4 November 2020. We have the information to adminiser this grant and we're issuing payments in due course.
- Second national lockdown discretionary grant - additional restrictions grant - we have the information to adminiser this grant and we're issuing payments in due course.
The British Business Bank has launched the Business Interruption Loan Scheme. It will be extended to 31 March 2021.
Coronavirus Bounce Back Loan is for small and medium-sized businesses affected by coronavirus. A new Pay as You Grow flexible repayment system has been announced, giving you flexibility repaying the loan. Eligible businesses will be able to ‘top up’ existing Bounce Back Loans should they need additional finance.
A dedicated helpline has been set up to help businesses and self-employed individuals in financial distress and with outstanding tax liabilities receive support with their tax affairs. If you are concerned about being able to pay your tax due to COVID-19, call HMRC’s dedicated helpline on 0800 0159 559.
Extension of Self-Employment Income Support Scheme
The Self-Employment Income Support Scheme is a government grant for self-employed individuals whose businesses have been affected by coronavirus. The scheme has now been extended to include two additional grants.
Support finder is a new tool to help you find coronavirus financial support for your business. You may be eligible for loans, tax relief and cash grants. The support finder will help you to see what support is available for you and your business.
The government is hosting a series of free webinars to help businesses understand the support that is available. These currently cover trading internationally, information to support small businesses, and the changes to reporting, regulation and tax. You can registar to join up coming sessions or view recorded sessions that you may have missed.
Start up loans
Start up loans is a subsidiary of the British Business Bank and delivers the Government’s start up loans programme providing finance and support for businesses who struggle to access other forms of finance.
Future Fund is a support package announced by the government which will issue convertible loans between £125,000 to £5million to innovative companies which are facing financing difficulties due to the coronavirus outbreak. It will be extended to 31 January 2021.
Prince's Trust and NatWest Fund
The £5million Enterprise Relief Fund will offer grants to 18 to 30-year olds across the UK who are self-employed and/or running their own business. In conjunction with cash grants, the initiative offers one-to-one support and guidance to anyone who needs it and who may be worried about their future. You can register your interest for grants and tailored support.
Pay it Forward for the future of London businesses
The Mayor of London is offering 100% free fundraising to help businesses to secure trade by pre-selling vouchers, goods and services.Find out more about the crowdfunding platform.
Back to Business Fund
Through the Back to Business Fund small businesses with up to 250 employees can apply for up to £5,000 in match funding to help get them recover from the COVID-19 impact. Check if you're eligible and how you can apply.