Accounting

SME Brexit Support Fund

Jen Sewell
16th Mar 2021

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