DTE Corporate Finance Provides Advisory Services to...
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Announced last month as part of a £20 million grant fund to help smaller businesses adapt to trade rules with the EU, the Brexit Support Fund will offer eligible businesses grants of up to £2,000 each.
The professional advice grant can be used to access advice to help SMEs meet their customs, excise, import/export VAT or safety and security declaration requirements, as long as it is considered a ‘valid advisory cost’:
Government guidance confirms that grants can also be used for training programmes relating to the following areas:
Government guidance for eligibility advises that businesses must:
The business must also either:
The deadline for this grant fund is 30 June 2021, and from now until then, eligible businesses can apply for a grant provided the expenditure was made on or after 11 February 2021. Businesses are also advised to apply without delay, as a grant will not be guaranteed in case the £20 million fund runs out before the June deadline.
Eligible businesses can now apply online via HMRC portal.
If your business needs advice on continued trading with the EU, including but not limited to customs, excise, import VAT and safety and security declaration requirements, please get in touch with us on and one of our advisers will get back to you as soon as possible.
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