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Wednesday, September 23, 2020

LPS issue advice on small business grants for rented business properties

The Land and Property Service (LPS) has issued further advice regards small business grants for businesses which rent their properties.

The latest advice from LPS is as follows

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“For rental properties, the scheme is being designed to benefit the small businesses and not the landlord who is responsible for paying the rates.

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“Where the landlord or managing agent is responsible for rates, meaning they receive the rate bill from LPS and they pay rates directly to LPS, no grant payments are being automatically issued.

“Landlords, managing agents and small businesses in this situation should not use the Small Business Support Grant online form to register for the scheme, but should wait until a new online form for rental properties is made available in the coming days.”

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LPS will provide additional information when this new online application becomes available but in the meantime, if you are a tenant or indeed a landlord and you are unsure about how the scheme applies to your property, there is a helpline you can ring.

The number is: 0300 200 7809

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