Coronavirus Grants

[skwdenyer]

See also here: https://www.bmmagazine.co.uk/news/government-pledg...

[jammy-git]

skwdenyer said:

See also here: https://www.bmmagazine.co.uk/news/government-pledg...

I just found that link also. I think this is the relevant information:

article said:

The additional funds will go to “businesses in shared spaces, regular market traders, small charity properties that would meet the criteria for Small Business Rates Relief, and bed and breakfasts that pay council tax rather than business rates,” the government said.

Still very loose on details though.

[Prolex-UK]

so looks like we have to do some work on serviced offices (where rates are included in rents)

Also B&B places who do not pay business rates but council tax...........they have to prove loss of income

will have full details tomorrow

[singlecoil]

skwdenyer said:

singlecoil said:

skwdenyer said:

So, now there’s formal help announced for those in shared offices:

https://www.ft.com/content/ebe3cd38-e6a4-4642-b31c...

No idea how this will work in practice yet.

Don't bother clicking if you are not an FT subscriber

That link is free to view. I’m not a subscriber.

Not to me it isn't.

[jammy-git]

singlecoil said:

Not to me it isn't.

Try again now. It was behind the wall when I first tried, but it's available to me now.

Is it exactly the same article as the BM Magazine link anyway.

[PT88]

So still no help for small factorys / industrial units over SBRR and under 51k. This seems mad. Large parts of this market is clearly suffering and would not be difficult to have some means testing in place for businesses that haven't been affected and therefore do not need the help.

[Prolex-UK]

https://www.gov.uk/government/news/top-up-to-local...

Here you go.

Typical central government...

See the sentance that gives us chance to create our own scheme... Recipe for chaos

[jammy-git]

Prolex-UK said:

https://www.gov.uk/government/news/top-up-to-local...

Here you go.

Typical central government...

See the sentance that gives us chance to create our own scheme... Recipe for chaos

Quite! Why not just give the same £10k grants to any business that can demonstrate residency in a shared office over the past X months?!

[Prolex-UK]

jammy-git said:

Prolex-UK said:

https://www.gov.uk/government/news/top-up-to-local...

Here you go.

Typical central government...

See the sentance that gives us chance to create our own scheme... Recipe for chaos

Quite! Why not just give the same £10k grants to any business that can demonstrate residency in a shared office over the past X months?!

Shared offices is the easiest bit we know who they are so they can gice us a list of tenants.

Tis the bit about markets tbat the vo said are not rateable and bandb places.

Still nothing specific about offices either

Think we will not have any bedbreakfast places.... Still a bit rough in parts

[PT88]

Prolex-UK said:

https://www.gov.uk/government/news/top-up-to-local...

Here you go.

Typical central government...

See the sentance that gives us chance to create our own scheme... Recipe for chaos

Would my reading be correct, that in essence if you can prove your business premises has been effected by Covid-19 that regardless of sector you can apply?

[Prolex-UK]

PT88 said:

Prolex-UK said:

https://www.gov.uk/government/news/top-up-to-local...

Here you go.

Typical central government...

See the sentance that gives us chance to create our own scheme... Recipe for chaos

Would my reading be correct, that in essence if you can prove your business premises has been effected by Covid-19 that regardless of sector you can apply?

I think it comes down to your council and how much they get.

Another fun few weeks

[iguana]

Thoughts on this one please.

RV £34250

Business is car dealer & workshop

Description on rates info- vehicle repair workshop & premises.

Showroom & vehicle display areas are listed on the parts of property listing, the workshop element only adds up to £12k on RV, rest is retail related, showroom & parts sales dept, outside vehicle display spaces


LA says a grant not applicable, I think it's certainly questionable.

[Prolex-UK]

iguana said:

Thoughts on this one please.

RV £34250

Business is car dealer & workshop

Description on rates info- vehicle repair workshop & premises.

Showroom & vehicle display areas are listed on the parts of property listing, the workshop element only adds up to £12k on RV, rest is retail related, showroom & parts sales dept, outside vehicle display spaces


LA says a grant not applicable, I think it's certainly questionable.

Based on how we deal with this mismatch in vo description and actual usage you should be ok.

Just email them explaning what you do with links ti your website maybe a note from your accoyntant.

I eould also cc your councillor in and mention number of staff you employ

Let me know how you get on

[skwdenyer]

Prolex-UK said:

Shared offices is the easiest bit we know who they are so they can gice us a list of tenants.

Tis the bit about markets tbat the vo said are not rateable and bandb places.

Still nothing specific about offices either

Think we will not have any bedbreakfast places.... Still a bit rough in parts

Out of interest, how do you know who the shared office operators are? I run one and my Council has nothing on their records to indicate that

[Prolex-UK]

skwdenyer said:

Prolex-UK said:

Shared offices is the easiest bit we know who they are so they can gice us a list of tenants.

Tis the bit about markets tbat the vo said are not rateable and bandb places.

Still nothing specific about offices either

Think we will not have any bedbreakfast places.... Still a bit rough in parts

Out of interest, how do you know who the shared office operators are? I run one and my Council has nothing on their records to indicate that

numpties :-)

They should know....each unit is rated but the company is the account holder.

regus

wework

are two that spring to mind

with ours I suspect they do it that way so they can charge rent based on the Rv ?

I will get you a list of names from my LA later today

[skwdenyer]

Prolex-UK said:

skwdenyer said:

Prolex-UK said:

Shared offices is the easiest bit we know who they are so they can gice us a list of tenants.

Tis the bit about markets tbat the vo said are not rateable and bandb places.

Still nothing specific about offices either

Think we will not have any bedbreakfast places.... Still a bit rough in parts

Out of interest, how do you know who the shared office operators are? I run one and my Council has nothing on their records to indicate that

numpties :-)

They should know....each unit is rated but the company is the account holder.

regus

wework

are two that spring to mind

with ours I suspect they do it that way so they can charge rent based on the Rv ?

I will get you a list of names from my LA later today

Sorry: I mean I run a shared office (as in I let out desks and space to others). How does the council know that's what I do? It is just rated as offices. Clearly my interest is helping the companies who use my space to access funds.

[Prolex-UK]

skwdenyer said:

Prolex-UK said:

skwdenyer said:

Prolex-UK said:

Shared offices is the easiest bit we know who they are so they can gice us a list of tenants.

Tis the bit about markets tbat the vo said are not rateable and bandb places.

Still nothing specific about offices either

Think we will not have any bedbreakfast places.... Still a bit rough in parts

Out of interest, how do you know who the shared office operators are? I run one and my Council has nothing on their records to indicate that

numpties :-)

They should know....each unit is rated but the company is the account holder.

regus

wework

are two that spring to mind

with ours I suspect they do it that way so they can charge rent based on the Rv ?

I will get you a list of names from my LA later today

Sorry: I mean I run a shared office (as in I let out desks and space to others). How does the council know that's what I do? It is just rated as offices. Clearly my interest is helping the companies who use my space to access funds.

OK

I would contact your council right away to alert them to this fact.

I take it your VO description is offices & premises ? any mention of serviced offices ?

[skwdenyer]

Prolex-UK said:

OK

I would contact your council right away to alert them to this fact.

I take it your VO description is offices & premises ? any mention of serviced offices ?

Fair enough. Yes re description. I've just checked the VOA description of other well-known serviced office providers in my neighbourhood; they are also just listed as "Business unit and premises" or "Offices and premises" etc.

[Prolex-UK]

skwdenyer said:

Prolex-UK said:

OK

I would contact your council right away to alert them to this fact.

I take it your VO description is offices & premises ? any mention of serviced offices ?

Fair enough. Yes re description. I've just checked the VOA description of other well-known serviced office providers in my neighbourhood; they are also just listed as "Business unit and premises" or "Offices and premises" etc.

wonder if the VO has information that is not on the website as they must have visited.

Looks like mailshot time

[skwdenyer]

Prolex-UK said:

skwdenyer said:

Prolex-UK said:

OK

I would contact your council right away to alert them to this fact.

I take it your VO description is offices & premises ? any mention of serviced offices ?

Fair enough. Yes re description. I've just checked the VOA description of other well-known serviced office providers in my neighbourhood; they are also just listed as "Business unit and premises" or "Offices and premises" etc.

wonder if the VO has information that is not on the website as they must have visited.

Looks like mailshot time

Serviced office is not a material change so no need for VOA to visit and/or alter valuation AIUI. But I’m sure some major fit-outs will self-declare changes to VOA, which might get a note somewhere.

Has your borough worked out criteria for this new money yet?