The UK Government is launching new financial support for small and medium-sized businesses that import and export from/to the EU, the SME Brexit Support Fund.

If you are a business importing and exporting goods, the Support Fund could help you by funding up to £2,000 for training and/or professional advice.

Your business must meet certain criteria, you must be established in the UK, have less than 500 employees, and a turnover of less than £100 million. If your business is eligible you can use this grant 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

You can also use it for professional advice on topics that mean your business will meet Customs, Excise, import VAT or safety, and security declaration requirements.

The applications for this grant haven’t opened yet however, PricewaterhouseCoopers (PwC) will be administering the grants for HMRC. When the applications do open, you must apply online through the GOV website.

Grants to help small and medium-sized businesses new to importing or exporting – GOV.UK (www.gov.uk)

 

How can we help?

At Hawsons we have a dedicated team of experts at our Sheffield, Doncaster, and Northampton offices. If you have any queries about the contents of this article please contact Aaron Hemmington on 01604 645600 or email [email protected] .

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Aaron Hemmington

Aaron Hemmington

Tax Partner, Northampton

01604 645 600

[email protected]