The Exporting grant from the Government, announced in February, is now open to submissions and we advise you apply soon – the grant will close when the funds have been allocated or by June 30th whichever is soonest.
The £20 million SME Brexit Support Fund could give you 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.
Better late than never some will say, the information about Brexit implications would have been more useful before January 2021, but it will be very helpful for businesses still trying to get their ducks in a row.
This fund is only for small businesses that import/export between the UK and EU, if you already import/export from non-EU countries then you are not eligible.
What can you use the SME Brexit Support Fund for?
Grant for Training
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
Grant for Professional Advice
The grant can be used to get professional advice, so your business can meet its customs, excise, import VAT or safety and security declaration requirements. Multiple applications can be made, but the maximum amount that can be paid to any applicant across both training and professional advice is £2,000. For example, if the full grant has been claimed for professional advice, no further grant can be claimed for training and vice versa.
Which businesses can apply? You must be:
- 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
- Only import or export goods between Great Britain and the EU, or move goods between Great Britain and Northern Ireland, if you already import or export goods from or to a non-EU country you are not eligible for his grant
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)
Full details and apply here: https://www.gov.uk/guidance/grants-to-help-small-and-medium-sized-businesses-new-to-importing-or-exporting
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