Extended Discretionary Fund for Businesses with Rateable Value above £51,000

This Extended Discretionary Fund scheme is for retail, leisure and hospitality businesses with a rateable value between £51,000 and £75,000 in New Forest District ONLY. The scheme will remain open for applications until 5pm on Friday 14 August. Applications after 5pm 14 August 2020 will not be accepted.

How to apply

Businesses which are eligible for this extended funding scheme have been identified and will be contacted by New Forest District Council directly. 

Eligible businesses should complete the online form to register their claim. Submission of an online form is does not guarantee that funding will be awarded. 

Guidance

Our priorities

New Forest District Council will prioritise applications from businesses whose head office or only business is based in the New Forest in order as follows:

1.    Local, independent business linked to the hospitality sector including but not limited to public houses, bars, hotels, restaurants and cafes.
2.    Agricultural nurseries
3.    Retail premises
4.    Business related to leisure and fitness

Beyond sector prioritisation, the following will be applied:

1.  We will prioritise businesses with more employees over those with less to reduce the unemployment effect if the business was to close.
2.  We will prioritise local businesses that are at risk of ceasing to trade due to COVID-19

Funding to be awarded

The level of funding awarded to an individual business will be subject to the volume of applications received and the level of funding remaining from New Forest District Council's initial allocation. 

Tax

Grant income received by a business is taxable therefore funding paid under the Local Authority Discretionary Grants Fund will be subject to tax. Only businesses which make an overall profit once grant income is included will be subject to tax.

State Aid

The United Kingdom left the EU on 31 January 2020, nonetheless under the Withdrawal Agreement the State aid rules continue to apply during a transition period, subject to regulation by the EU Commission. New Forest District Council  must be satisfied that all State aid requirements have been fully met and complied with when making grant payments, including, where required, compliance with all relevant conditions of the EU State aid De-Minimis Regulation, the EU Commission Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak, the approved COVID-19 Temporary Framework for UK Authorities, and any relevant reporting requirements to the EU Commission.

New Forest District Council have a discretion to make payments to eligible recipients under either the De Minimis rules or the COVID-19 Temporary Framework for UK Authorities (provided all the relevant conditions are met).

Payments of up to and including £10,000 can be provided under the De Minimis rules, meaning applicants can receive up to €200,000 of aid within a three-year period.  Payments of up to and including £25,000 (or where the De Minimis threshold has been reached) should be paid under the COVID-19 Temporary Framework for UK Authorities.

Fraud

The council will not accept deliberate manipulation and fraud - and any business caught falsifying their records to gain a discretionary grant money will face prosecution and any funding issued will be subject to claw back, as may any grants paid in error.  All applicants' information will be shared with the Government Grants Management team to enable any fraud to be identified.  All businesses will confirm this by on the online form.

Decisions and appeals

There are no appeals rights for the discretionary grant, the Council's decision on eligibility and grant amount is final.  The council may use discretion to award a different grant amount to those stated above depending on the number of grants received and where it considers appropriate to enable the council to support more businesses.

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