COVID-19: Government support for businesses – business rates

We understand that this is a very difficult and anxious time for anyone running a business and required to pay business rates. We would like to assure you that Camden Council is here to fully support you through the challenging months ahead, and want to provide you with an update on how we are introducing the range of Government support measures that have been announced over the last few days.

Included below are details of the various business rates reliefs and grants that have been introduced, and the next steps expected in order to receive them.

• If you currently pay your business rates by direct debit, you should not need to do anything, any relevant reliefs or grants should be applied automatically.
• Where you don’t pay by this method, we are going to need you to provide us with some additional information. Please follow this link to our website and complete the application form, which will enable us to process your payment through our systems

If you have any queries at all on the measures, or are currently struggling to pay your business rates, please contact the Business Rates Section on 0207 974 6460.

Details of reliefs and grants

Existing small business relief

Where you were eligible for the 50% relief under the existing scheme, you all should have received a revised bill by now, which will have deleted the charge shown on the original bill. If you have not received a revised bill and fall into this category, please contact the business rates section on 020 7974 6460 immediately.

Business rates relief for Retail, Hospitality and Leisure businesses

The government has introduced a business rates holiday for all businesses that fall within the retail, hospitality and leisure industry, and we will be looking to issue revised bills this week. If you are unsure if your business falls within this category for relief and would like clarification, again, do not hesitate to contact the business rates section on 020 7974 6460.

Business Support Grants

All business properties eligible for small business rates relief as of 11^th March, will be eligible for a grant payment of £10,000

Retail, hospitality and leisure businesses with rateable values of less than £51,000 will be eligible for grants of between £10,000 and £25,000, depending on their rateable value

Further details regarding the eligibility and value of these grants can be found on our website: https://www.camden.gov.uk/business-rates-discounts-exemptions