Peter Foley is our resident guru here at CPA, and has been passionately following the shifting world of business rates for many years. With a keen political insight, Peter’s writing reveals how policy change is key to understanding your business rates further, and how this could translate into substantial savings. In his weekly column, Peter also outlines a desired path forward, with changes we’d like to see implemented for a fairer system on the nation's business rates.
In Scotland, England and Wales, governments have introduced a variety of grants to help businesses struggling with the effects of Covid.
Some relief schemes have closed, while others have yet to be announced in detail by the local authority. Local criteria vary, according to interpretation of government guidelines. As support relates to the 2021-22 financial year, funding has to be awarded by 30 September 2022.
At all events, perhaps you still have to claim relief. Or, you may have been refused funding, despite your best efforts.
The maze of form-filling and deadlines, completing all paperwork, and the competitiveness of the relief put many people off the application.
But don't give up hope of receiving government relief, despite the complexities and shifting criteria of the CARF scheme.
The scheme is cash and time-limited, and open to various interpretations by the local authorities,
and managers may not have infinite free time to ponder how best to make successful appeals. so
As with all government funding, it's the early bird that gets the worm, so take this opportunity of claiming funding to which you are fully entitled.
If you'd like to find out of you're eligible, but want the professional security of maximizing your potential savings, get in touch for a completely free consultation.