Emergency flood relief measures - Makesworth Accountants

Emergency flood relief measures

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Topic: Emergency flood relief measures

The Prime Minister has announced that households and businesses that have been significantly affected by the recent flooding will be eligible for immediate 100% relief on their council tax and business rates for at least the next 3 months. This is part of a number of measures that have been announced by the Government to help those affected by the devastating floods.

The Department for Environment, Food and Rural Affairs has confirmed it will extend its Farming Recovery Fund to support farmers badly affected by the recent flooding. The fund will allow farmers and land managers who have suffered uninsurable damage to their property to apply for grants of between £500 and £25,000 to cover repair costs. For example, clearing debris or recovering damaged land.

The Department for Business, Energy and Industrial Strategy will provide funding for a Business Recovery Grant which will provide up to £2,500 per eligible small and medium-sized businesses which have suffered uninsurable losses.

The Government will also provide funding to pay for the recovery costs of local councils where households and businesses have been affected by the severe weather.

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