Tourist Attractions: Government Assistance

(asked on 5th May 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what plans his Department has to provide financial support to visitor attractions that rely on a high income during summer months but are ineligible for covid-19 business support during to the covid-19 pandemic.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 11th May 2020

The Government has announced unprecedented support for business and workers to protect them against the current economic emergency including an initial £330 billion of guarantees – equivalent to 15% of UK GDP.

Businesses in the leisure and tourism sector may benefit from the range of support measures made available, which includes:

  • A 12-month business rates holiday for all eligible retail, leisure and hospitality businesses in England
  • Small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
  • A Discretionary Grant Fund for Local Authorities in England to make grants payments to businesses not eligible for the above schemes
  • The Coronavirus Job Retention Scheme (CJRS)
  • The Coronavirus Business Interruption Loan Scheme (CBILS)
  • The Coronavirus Large Business Interruption Loan Scheme (CLBILS)
  • The Bounce Back Loan Scheme (BBL) for small and micro enterprises
  • VAT deferral for up to 12 months
  • The Time To Pay scheme, through which businesses in financial distress, and with outstanding tax liabilities, can receive support with their tax affairs
  • Protection for commercial leaseholders against automatic forfeiture for non-payment until June 30, 2020

The Business Support website provides further information about how businesses can access the support that has been made available, who is eligible, when the schemes open and how to apply - https://www.businesssupport.gov.uk/coronavirus-business-support.

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