Restrictions Business Fund Extension 25 January - end of March 2021
Following the First Minister’s announcement, the Restrictions Business Fund Non-Domestic Rates (NDR) for non-essential retail, hospitality, leisure and tourism (NERHLT) sectors has been extended, please see below Non-Domestic Rates Linked Support for Businesses for further information. Discretionary based grant for the period to end of March 2021 will also be available through application via local authorities.
Non-Domestic Rates Linked Support for Businesses
If you have already received the Non-Domestic Rates grant in December 2020 or January 2021 DO NOT submit a new application. Eligible businesses who received the Non-Domestic Rate Restrictions grant (£3,000 or £5,000) in December 2020 or January 2021 will receive an automatic additional Restrictions grant by 19 February 2021 (this will cover February and March).
If you have not received a Restrictions grant in December 2020 or January 2021, please check your eligibility:
Businesses MUST BE on the non-domestic rates (NDR) rating list for their local authority on 01 September 2020.
Extension Discretionary Grant
To find out if you are eligible please read the Extension Discretionary Grant Guidance notes.
The grant will be open to applications from 15th February 2021 at 2.00pm and will close at a date to be specified by the local authority or when the fund has been fully committed.
Sport Wales - Now Closed
The ERF Sector Specific Support - Now Closed
Self-Employment Income Support Scheme (SEISS)
Check if you can claim a grant through the Self-Employment Income Support Scheme, capped at £6,570.
This final taxable grant is worth 70% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £6,570 in total. If you’re eligible and your business has been adversely affected on or after 14 July 2020, you must make your claim on or before 19 October 2020.
HMRC will work out your eligibility for the SEISS second grant in the same way as the first SEISS grant. You can make a claim for the second SEISS grant if you’re eligible, even if you did not make a claim for the first SEISS grant.
You should contact HMRC if you receive any suspicious texts, calls or emails claiming to be from HMRC as this may be a scam.
Self-Employment Income Support Scheme
Coronavirus Regulations in Wales
- Vale of Glamorgan Council Coronavirus updates
- Temporary Trading Areas for Food and Beverage Retail
- Welsh Government Coronavirus updates
Job Retention Scheme
The Coronavirus Job Retention Scheme has been extended until 30 April 2020
Furlough Scheme Information
Job Retention Bonus announced
The scheme is designed to continue to support jobs through the UK’s economic recovery from Coronavirus by encouraging and helping employers to retain as many employees who’ve been on furlough as possible.
Job Retention Bonus
Skills and Jobs Fund
The Welsh Government pledges to support everyone to find work, education or training or help to start their own business as it launches a £40m skills and jobs fund.
The £40m package will provide:
- more than £20m to incentivise employers to recruit and retain 5,000 apprentices, increase the capacity of traineeship programmes and support more graduates to access work experience, work tasters and paid work placements.
- almost £9m to help workers access retraining and find new employment, including in areas of skills demand, through ReACT and the Union Learning Fund. This includes the national roll-out of the personal learning accounts programme so an additional 2,000 people can learn new skills and gain new qualifications.
- funding for traineeships, Working Wales and Communities for Work Plus will be increased to help match people to job opportunities and promote self-employment and new ways of working, as well as funding to support employer-led training through the Flexible Skills programme.
- there will be support for a new Barriers Fund, offering up to £2,000 to support people who may not have previously considered self-employment, in particular women, young people, people from BAME communities and disabled people.
Funding Support and Training
Up to date figures for the Business Grants in the Vale of Glamorgan. In line with Welsh Government guidance the business support scheme for eligible rateable properties has now closed.
The latest total of 2,056 grant payments have been made worth a total of £25,652,000.
Cultural Art and Heritage
U.K Government announce a £1.57 billion investment support package to protect Britain’s world-class cultural, arts and heritage institutions.
Cultural Art and Heritage Support
Town Centre Businesses and Premises
For advice and information on working in or running shops during the COVID-19 pandemic, please contact:
Retailers Coronavirus Guidance
Fast Start Competition
On the 20 May 2020 UK government announced it is doubling investment in the Fast Start Competition with an additional £20 million. Innovative businesses and start-ups are set to benefit from a £40 million UK government investment to drive forward new technological advances. Among the successful projects to receive the funding to date is a virtual-reality surgical training simulator and an online farmers’ market platform.
Boost for cutting edge start-ups
Support for welsh food and drink manufacturers
Food Innovation Wales, backed by Welsh Government, is based at three food centres across Wales. The team of industry experts can support manufacturers of all sizes to navigate their way through a range of complex technical and commercial issues.
Food Innovation Toolkit
Bounce Back Loans Scheme
Major boost for Welsh SME's as New Bounce Back Loans Scheme opened for applications.