Government import and export grant now available
The government’s new SME Brexit Support Fund finally opened for business on 15 March. What do businesses need to know?
The scheme provides grants of up to £2,000 to help small and medium-sized businesses tackle the new admin requirements for imports and exports to and from EU countries, or movement of goods between GB and Northern Ireland.
A business can apply for a grant if it:
- has been established in the UK for at least twelve months or holds Authorised Economic Operator status
- has always met its tax or customs obligations
- has no more than 500 employees or an annual turnover exceeding £100 million
- imports or exports goods between GB and the EU, or moves goods between GB and Northern Ireland
- intends to complete import or export declarations internally for its own goods
- requires more capability to cope with imports or exports despite using the services of someone else to complete the declaration documents.
More information including how to apply for the grant is available here
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MONTHLY FOCUS: BREXIT - BUYING AND SELLING GOODS AND SERVICES
Since the UK left the EU almost four years ago, there are new rules and procedures you will need to familiarise yourself with if you want to trade goods and services with EU customers or suppliers. In this Monthly Focus, we look at some of the key ones.