The SME Brexit Support Fund

Date: 15/02/21

The SME Brexit Support Fund

Small and medium-sized businesses (SMEs) importing and exporting goods between Great Britain and the EU or moving goods between Great Britain and Northern Ireland may be eligible for a grant worth up to £2,000.

You can use the 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

It 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.

 

Are you eligible?

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 to apply

You will be able to apply for this grant online through PricewaterhouseCoopers (PwC) who are administering the grants for HMRC. Applications opened on 15 March 2021 and will remain open until 30 June 2021 or earlier if all funding is allocated.

Register online through PwC now.

 


Alan Taylor FCCA

Author: Alan Taylor FCCA

A former pupil at Ripley St Thomas C of E High School in Lancaster, Alan joined Scott & Wilkinson directly from school in 1994 and qualified as an Accountant in 2001.  Alan is responsible for a variety of clients operating in...

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