What is it?
The SME Brexit Support Fund is a grant of up to £2,000 designed to help businesses with training or professional advice following Brexit.
Who is it for?
Your business must:
- be established in the UK
- have been established in the UK for at least 12 months before submitting the application, or currently hold Authorised Economic Operator status
- not have previously failed to meet its tax or customs obligations
- have no more than 500 employees
- have no more than £100 million turnover
- import or export goods between Great Britain and the EU, or moves goods between Great Britain and Northern Ireland
Your business must also either:
- complete (or intend to complete) import or export declarations internally for its own goods
- use someone else to complete import or export declarations but requires additional capability internally to effectively import or export (such as advice on rules of origin or advice on dealing with a supply chain)
How does it work?
The grant can be used to help eligible businesses get professional advice, so they meet its customs, excise, import VAT or safety and security declaration requirements.
The grant is to be used for training on:
- 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
What should I do next?
PricewaterhouseCoopers (PwC) is administering grants for HMRC. Apply online through PwC.
Applications will close on 30 June 2021 or earlier if all funding is allocated before this date.
Critchleys Clients: If you have specific questions or concerns, please contact your Critchleys Accountant directly.
First Published 16 March 2o21
Last Updated 16 March 2021
16 March 2021
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