Grant funding for brexit costs

HMRC have recently announced that a £16m fund is available for businesses to cover certain costs associated with Brexit. The grants cover both IT costs and training costs, relating to the completion of Customs declarations for imports/exports from/to the EU.

A business is eligible to claim up to 200,000 euros for IT costs, and up to £250 per person for in house training or £2,250 per course. Eligible businesses must have a UK establishment and a good tax record, with 250 or fewer employees and annual turnover less than 50m euros.

Applications should only be made when a business is prepared, but the opportunity for funding closes on 31st January 2020 at the latest.

If you feel that a claim may be made by your business then applications are made online at www.customsintermediarygrant.co.uk

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