Flood recovery support for households and businesses

Businesses significantly impacted by flooding due to Storm Henk, and unable to open their business because it was flooded, may qualify for 100% business rates relief for at least three months.

Small-to-medium sized businesses in affected areas could receive up to £2,500 from the Business Recovery Grant for flood damage to property, equipment, stock or trade loss because customers or suppliers could not reach them.

Eligible businesses

Business Recovery Grant

To be eligible the business must:

• Be a small-to-medium sized business where the following applies:
  • Have fewer than 250 employees
  • Have a turnover of less than 50 million euros or a balance sheet total less than 43 million euros
• Be directly impacted by the relevant weather event – for instance flood damage to the property, equipment, and/or stock; or the business could not function due to a lack of access to premises, equipment and/or stock as a result of the recent weather events, and the flooding seriously impacted the business’s ability to trade from the property
• Have appropriate flood insurance cover in place or have actively made attempts to insure the business premises against flood damage on at least one occasion since 1 January 2023

Also:

• Empty properties, storage sheds and warehouses are not eligible, unless the business was actively trading from them at the time of the flooding
• Direct impact from Storm Babet: If a business experienced direct impact, such as flood damage to the property, and received a grant under Storm Babet and reinstated the premises, it is eligible to apply for funding related to Storm Henk. However, eligibility for Storm Henk funding is contingent upon the premises being directly impacted, specifically with flood damage to the property
• Indirect impact from Storm Babet: For businesses that were indirectly affected by Storm Babet and received a grant, they are eligible to apply for Storm Henk funding only if they have subsequently experienced direct impact with flood damage to the property

Business rates relief:

• 100% rate relief for a minimum of three months.
• This is subject to the UK subsidy control regime, and is only available to properties with a rateable value of less than £10 million

What we need from you

We will require a copy of your insurance certificate, along with all other evidence, such as photographs, or evidence that you have actively made attempts to insure your business against flooding and obtain insurance cover since 1 January 2023.  You will also need your business rates reference number and bank account details.

Apply for business rates relief and Business Recovery Grant 

If you are unable to complete the form online, please call Customer Services on 01455 238141

Deadline for applications is 21 March 2024.

Last updated: 26/01/2024 16:15