Rent relief scheme for small county businesses
Small businesses in Carmarthenshire have the chance to benefit from a Covid-19 hardship rent relief scheme.
The Carmarthenshire County Council scheme, capped at £1,500 per successful business applicant, will help cover the value of rental payments for during the period of April, May and June 2020.
Applications are now open for the council scheme, which will cater for Carmarthenshire businesses unable to access financial support through other sources. Applications must be submitted before 5pm on Monday 14th September 2020.
The scheme is available for small businesses that:
- Sole traders and Partnerships who do not employ any staff
- Small business which employ one to nine people
- Rent space with a rateable value of £12,000 or less
- Have an annual turnover of below £85,000
- Aren’t VAT registered
- Don’t directly pay business rates
To qualify for the scheme, businesses of this kind will also be experiencing hardship caused by the Covid-19 emergency.
Rent relief will be provided to business applicants most in need.
Cllr David Jenkins, Carmarthenshire County Council’s Executive Board Member for Resources, said: “Our hardship rent relief scheme is specifically aimed at small businesses in Carmarthenshire that don’t currently have access to financial grant support through existing sources including the Welsh Government and the UK Government.
“We recognise the significant challenges businesses throughout Carmarthenshire are now confronted with, but this scheme further shows how committed the council is to helping in any way we can.
“Financial pressures faced by the council do mean funding for this scheme is limited though, which is why we’ll prioritise assistance for eligible businesses that are most in need.
“This scheme follows on from the council’s phone response service which provides support for Carmarthenshire businesses, along with a dedicated Covid-19 section of the council website for businesses which gives information on available funding, while signposting to further support and guidance.”