Covid Additional Relief Fund (CARF)
Following the passing of the Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Act 2021 on 15 December 2021, the Government has launched the COVID-19 Additional Relief Fund (CARF) to support businesses affected by the pandemic who are ineligible for existing support linked to business rates (such as previous COVID related reliefs) in the 2021/22 financial year.
The total funding made available for local authorities is £1.5 billion. Gedling’s share is £1,189,282
Gedling Borough Council has now adopted a CARF scheme and eligible businesses have already been identified.
We have sent a revised bill and letter explaining the scheme and how the relief has been allocated to all those businesses.
Our scheme has been devised based on the guidance provided by the Government, full details of the scheme and eligibility criteria are available in our guidance
Subsidy Control
In accordance with Government guidance, provision of CARF is likely to amount to a subsidy. Any relief provided by Local Authorities under the CARF Scheme will need to comply with the UK’s domestic and international subsidy control obligations.
Further details of the UK’s subsidy control rules can be found at www.gedling.gov.uk/subsidy
If you have been identified as eligible and have had a letter detailing your award you have the following options:
- Do nothing and continue to pay your reduced balance
- Request for the credit amount to be sent as a refund
- Decline the award of CARF on the grounds of subsidy or for any other reason.