Local businesses who believe they are eligible for the business grants of £10,000 or £25,000 need to complete a short form required by Lambeth (on behalf of Government) to capture necessary details and act against fraud:
- Submit details for £10,000 grant – businesses currently in receipt of Small Business Rate Relief
- Submit details for £25,000 grant – businesses who are retail, hospitality or leisure with a rateable value of between £15,000 – £51,000.
Guidance on eligibility criteria set by Government can be found here
To complete the form, businesses will need their unique business rates reference number (found on any business rates bill) along with business bank details.
If a business does not know their business rates number, they should call the Business Rates Team on 020 8315 2255 between 9am to 5pm, Monday to Friday (please note: this number is different to the Business Helpline number).
Lambeth Council is supporting businesses by making these cash payments in advance of receiving the funding from Government, understanding how important this will be to businesses. The council will be processing submissions as quickly as possible, but it may take around 7-10 working days for payments to be made.