Sponsoring Agency: HMRC
Type of Fund: Grant
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 06/30/2021
Size of the Fund: Less than USD $50,000
The government has announced an additional £20 million available through the SME Brexit Support Fund. Provided you meet certain eligibility criteria, HM Revenue and Customs (HMRC) may provide funding towards the costs of training and/or professional advice, to help you with changes to trade rules with the EU.
Funding Information
Traders can apply for up to £2,000 in total through two types of grants:
• Grant for Training: The grants can be used to provide training on the following:
o How to complete customs declarations
o How to manage customs processes and use customs software and systems
o 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.
Eligibility Criteria
• To be eligible for this funding your business must:
o be established in the UK
o have been established in the UK for at least 12 months before submitting the application, or currently hold Authorised Economic Operator status
o not have previously failed to meet its tax or customs obligations
o have no more than 500 employees
o have no more than £100 million turnover
o import or export goods between Great Britain and the EU, or move goods between Great Britain and Northern Ireland
• Your business must also either:
o complete (or intend to complete) import or export declarations internally for its own goods
o 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)
Which courses and advisory services are eligible for this funding?
SME Brexit Support Package
Experts will provide a day's in-house training for your business (via virtual classroom), looking at the specific impacts these new rules and regulations could have on your business. They will create a one-page action plan with you to help ensure you're ready to continue EU trade.
The one-day training will cover the core topics to help you, as an SME, continue trading:
• UK:EU Trade and Cooperation Agreement (TCA)
• Exporting to the EU
• Importing from the EU
• Rules of origin for duty free trade
• Incoterms for EU trade
• Commodity codes
• Trade and customs documentation
• Customs procedures
• Product regulatory compliance
• Summary and wrap up
More information at: https://www.export.org.uk/page/BrexitSupportSMEs
