The government has made £16 million in new funding available to help businesses prepare for Brexit.
Leaving the EU on 31 October 2019 means there will be immediate changes to the way UK businesses trade with the EU that may impact your business.
This includes UK businesses having to apply customs, excise and VAT procedures to trade with the EU, in the same way that already applies for goods and services traded outside the EU.
Businesses based in, or with a branch in the UK, can apply for funding ahead of the UK leaving the EU. Grants can be used to support:
- Training costs for businesses who complete customs declarations, or who intend to in the future.
- IT improvements to help your business complete customs declarations more efficiently.
If your company will be affected by customs changes after Brexit, you can apply for the grant on the HMRC website.