Grant for Small and Medium sized businesses who are new to importing and exporting

March 18th 2021

Small and medium-sized businesses can now apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the EU.

The grant can be used to help fund training or professional advice that may be required due to the changes in customs, rule of origin and Vat processes.

The fund, which was announced in February, is the latest round of support as a result of Brexit.

Eligibility

• Be established in the UK
• Have no more than 500 employees
• Have no more than £100 million turnover
• 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
• 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
OR
• 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

Applications for this grant opened on 15 March 2021 and close on 30th June or earlier if the £20m fund is allocated before then.

(PwC) PricewaterhouseCoopers are administering the grants for HMRC and you can apply at the following link: SME Brexit Support Fund