Brexit Support Fund for SME’s
The government has announced a £20 million Brexit Support Fund to support small and medium sized businesses (SMEs) adjust to new customs, rules of origin, and VAT rules when trading with the EU. The SME Brexit Support Fund offers businesses up to £2,000 to help with training or professional advice, if your business has up to 500 employees and no more than £100 million annual turnover.
This has been set up to support businesses prepare for the new import controls coming into force from April and July.
The grant can be used to help you get professional advice so your business can meet its customs, excise, import VAT or safety and security declaration requirements. This includes:
- how to complete customs declarations
- how to manage customs processes and use customs software and systems
- specific import and export related aspects including VAT, excise and rules of origin
Find out more here.
Applications for these grants are not open yet but check back to this page, for details of when to submit your application.