VATupdate

Share this post on

HMRC Guidance: Apply for a grant to help small and medium-sized businesses new to importing or exporting

A grant of up to £2,000 is available to smaller businesses new to importing or exporting to assist with adopting the new VAT and customs rules. The total amount of funding is limited and will be allocated to earlier applicants.

The deadline to apply for a grant under the SME Brexit Support Fund is fast approaching. The grant scheme was established to provide training and professional advice to businesses new to importing and exporting as they transition to the new VAT and customs rules. It is available to businesses with up to 500 employees and no more than £100m in annual turnover. Further eligibility requirements are detailed on HMRC’s information page. The maximum grant is £2,000, and applications close on 30 June 2021. The total amount of funding is, however, limited. Applications will close early if all funding is allocated before this date.

Source gov.uk

Sponsors:

VAT news

Advertisements: