The government has announced a package of support for workers and businesses which will benefit childcare providers.
The Chancellor has announced that childcare providers will be eligible for a business rates holiday for one year. That means non-local authority providers of childcare (registered with Ofsted and providing EYFS) will pay no business rates in 2020 to 2021, from 1 April. Local authorities will be working on this.
Nurseries in receipt of small business rate relief or rural rate relief will benefit from small business grant funding of £10,000. This includes nurseries who are eligible for a charitable status relief – they will also pay no business rates at all in 2020 to 2021.
Some settings operate from shared spaces which may now benefit from a 100% rates relief. We strongly encourage those shared spaces to reflect any business rates saving in their rent charges.
The Coronavirus Job Retention Scheme means that for employees who are not working but kept on payroll, the government will contribute 80% of each worker’s wages of up to £2,500, backdated to 1 March 2020. Providers can access this scheme while continuing to be paid the early entitlements funding via local authorities.
The Business Interruption Loan Scheme will now be interest-free for 12 months (rather than 6).
This is from the government site....the original question regarding the query of whether we would get this i think came from an enquiry which should have been quashed as soon as this gov advice came out!