Preparing For Brexit

It is important for businesses to start taking action to prepare for new rules that will come into effect from 1 January 2021, even if you do not trade with or do business in the EU.

The London Chamber of Commerce and Industry has launched an EU Exit Hub to support London businesses with preparing for these changes that might affect them when the transition period ends. The Hub contains information and links to official guidance on a range of matters including:

  • Staff employment
  • Business travel
  • Exporting and importing
  • International trade: paperwork, costs, logistics
  • Data protection
  • E-commerce
  • Accounting and auditing
  • Public procurement
  • Intellectual property
  • Taxation

Find out more here.

Mayor of London Launches
Back To Business Fund

Back to Business Fund Pay It Forward

 

The Mayor of London has launched a £1m Back to Business Fund, match funding up to £5,000 for small and independent businesses through the Pay It Forward London crowdfunding platform. The funding is intended to help businesses expand their operation online, invest in the future and adapt to safe, socially distant practices in sectors that rely on physical trading, including retail, hospitality, leisure, tourism, travel, creative and arts, entertainment and recreation, and health and fitness.

To be eligible, your business will need a crowdfunding project on Pay It Forward London and reach 25% of your campaign target. Once 100% of your target is reached, the funding is released, up to £5,000 – or 50% of your campaign target.

For more details about eligibility, to set-up a project and to apply click here.