Registration for the £10,000 Small Business Grant is now open. The grant applies to all businesses with a Net Annual Rateable Value of £15,000 or less.
Those who pay their business rates by Direct Debit do not need to do anything, HMRC already has your bank details and the first payment will be made on 31st March, if not before.
Those who do not pay their rates by Direct Debit should apply for the grant by clicking here -> https://www.nibusinessinfo.co.uk/content/coronavirus-business-support-grant-schemes
For rental properties, the scheme is being designed to benefit the small businesses, not the landlord who is responsible for paying the rates.
£25,000 grant for business ratepayers in the hospitality, tourism and retail sector.
The NI Executive is providing a one off grant of £25,000 to ratepayers in the hospitality, tourism and retail sectors who pay rates on a property with a Net Annual Rateable Value between £15,000 and £51,000. The chancellor will release details on this as soon as possible.
For any queries visit https://www.gov.uk/coronavirus