During its height in November, the devastating flooding in South Yorkshire saw 38 pumps moving 50 million litres of water across eight locations to try to protect local homes and businesses.
The recent flooding has had a terrible effect on individuals and businesses, especially in the lead up to Christmas. In response, the Government has revealed a raft of funding to help support households and businesses to help get back on their feet.
The main issue is the time it takes to recover goods and property can be seriously damaging to a business, so HMRC has been encouraging business owners affected to contact their Business Payment Support Service (BPPS) for help with tax-related problems. The government announced immediate total relief on council tax and business rates for at least three months for affected homeowners and businesses.
The BPPS offers support and advice across all business sectors, from the self-employed to large firms, and has practical information on tax issues to help you plan a way forward as your business recovers. You can call their helpline on 0300 200 3835 and can discuss issues on deferring payments, suspending debt collection and reviewing penalties for missed statutory deadlines.
The Department for Business, Energy and Industrial Strategy (BEIS) will also provide funding for a Business Recovery Grant, which will provide up to £2,500 per eligible small and medium-sized businesses, which have suffered severe impacts from the floods that cannot be recovered from insurance. There are also grants for farmers to cover damage, with the Department for Environment, Food and Rural Affairs expanding its recovery fund to cover those requiring help against uninsurable damage up to £25,000.
Under these measures, households and businesses, badly affected by the flooding, will be eligible for 100% relief on their council tax and business rates for at least the next 3 months.
Local Government Secretary Robert Jenrick said, “It will take time for communities to get back on their feet, and hard-working people and businesses who have experienced intense flooding should not have to worry about paying council tax and business rates while they focus on their recovery. Funding announced today will give all eligible, flooded households and businesses immediate relief on their council tax and business rates for at least the next 3 months, and help communities recover.”
If you or your business were affected by the flooding, please visit the Government's website for more information & various other contact details.