Budget 2021

£20 million SME Brexit Support Fund opens for applications

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

The SME Brexit Support Fund aims to help businesses prepare for the implementation of further import controls which come into force later this year.

Businesses who trade only with the EU and are therefore new to importing and exporting processes will be encouraged to apply for grants of up to £2,000 for each trader to pay for practical support, including training and professional advice, to ensure they can continue trading effectively.

Businesses must meet certain criteria, including having been established in the UK for at least 12 months, having fewer than 500 employees and no more than £100 million in turnover.

The closing date for applications is 30 June. HMRC states that the fund may close for applications earlier if the full £20 million is allocated.

Mike Cherry, National Chairman of the Federation of Small Businesses (FSB), said:

'We have been asking for proper financial assistance of this scale so that a cash-strapped small business can afford to buy-in expertise, training and practical support. The new fund will make a significant difference.'

Internet links: GOV.UK guidance GOV.UK press release

COVID-19 Update 3

£20 million SME Brexit Support Fund opens for applications

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

The SME Brexit Support Fund aims to help businesses prepare for the implementation of further import controls which come into force later this year.

Businesses who trade only with the EU and are therefore new to importing and exporting processes will be encouraged to apply for grants of up to £2,000 for each trader to pay for practical support, including training and professional advice, to ensure they can continue trading effectively.

Businesses must meet certain criteria, including having been established in the UK for at least 12 months, having fewer than 500 employees and no more than £100 million in turnover.

The closing date for applications is 30 June. HMRC states that the fund may close for applications earlier if the full £20 million is allocated.

Mike Cherry, National Chairman of the Federation of Small Businesses (FSB), said:

'We have been asking for proper financial assistance of this scale so that a cash-strapped small business can afford to buy-in expertise, training and practical support. The new fund will make a significant difference.'

Internet links: GOV.UK guidance GOV.UK press release

Update on Government schemes in response to COVID-19

£20 million SME Brexit Support Fund opens for applications

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

The SME Brexit Support Fund aims to help businesses prepare for the implementation of further import controls which come into force later this year.

Businesses who trade only with the EU and are therefore new to importing and exporting processes will be encouraged to apply for grants of up to £2,000 for each trader to pay for practical support, including training and professional advice, to ensure they can continue trading effectively.

Businesses must meet certain criteria, including having been established in the UK for at least 12 months, having fewer than 500 employees and no more than £100 million in turnover.

The closing date for applications is 30 June. HMRC states that the fund may close for applications earlier if the full £20 million is allocated.

Mike Cherry, National Chairman of the Federation of Small Businesses (FSB), said:

'We have been asking for proper financial assistance of this scale so that a cash-strapped small business can afford to buy-in expertise, training and practical support. The new fund will make a significant difference.'

Internet links: GOV.UK guidance GOV.UK press release

COVID-19 Government schemes to help

£20 million SME Brexit Support Fund opens for applications

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

The SME Brexit Support Fund aims to help businesses prepare for the implementation of further import controls which come into force later this year.

Businesses who trade only with the EU and are therefore new to importing and exporting processes will be encouraged to apply for grants of up to £2,000 for each trader to pay for practical support, including training and professional advice, to ensure they can continue trading effectively.

Businesses must meet certain criteria, including having been established in the UK for at least 12 months, having fewer than 500 employees and no more than £100 million in turnover.

The closing date for applications is 30 June. HMRC states that the fund may close for applications earlier if the full £20 million is allocated.

Mike Cherry, National Chairman of the Federation of Small Businesses (FSB), said:

'We have been asking for proper financial assistance of this scale so that a cash-strapped small business can afford to buy-in expertise, training and practical support. The new fund will make a significant difference.'

Internet links: GOV.UK guidance GOV.UK press release

Dividend 2017/18 and 2018/19

£20 million SME Brexit Support Fund opens for applications

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

The SME Brexit Support Fund aims to help businesses prepare for the implementation of further import controls which come into force later this year.

Businesses who trade only with the EU and are therefore new to importing and exporting processes will be encouraged to apply for grants of up to £2,000 for each trader to pay for practical support, including training and professional advice, to ensure they can continue trading effectively.

Businesses must meet certain criteria, including having been established in the UK for at least 12 months, having fewer than 500 employees and no more than £100 million in turnover.

The closing date for applications is 30 June. HMRC states that the fund may close for applications earlier if the full £20 million is allocated.

Mike Cherry, National Chairman of the Federation of Small Businesses (FSB), said:

'We have been asking for proper financial assistance of this scale so that a cash-strapped small business can afford to buy-in expertise, training and practical support. The new fund will make a significant difference.'

Internet links: GOV.UK guidance GOV.UK press release

Autumn Budget 2017

£20 million SME Brexit Support Fund opens for applications

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

The SME Brexit Support Fund aims to help businesses prepare for the implementation of further import controls which come into force later this year.

Businesses who trade only with the EU and are therefore new to importing and exporting processes will be encouraged to apply for grants of up to £2,000 for each trader to pay for practical support, including training and professional advice, to ensure they can continue trading effectively.

Businesses must meet certain criteria, including having been established in the UK for at least 12 months, having fewer than 500 employees and no more than £100 million in turnover.

The closing date for applications is 30 June. HMRC states that the fund may close for applications earlier if the full £20 million is allocated.

Mike Cherry, National Chairman of the Federation of Small Businesses (FSB), said:

'We have been asking for proper financial assistance of this scale so that a cash-strapped small business can afford to buy-in expertise, training and practical support. The new fund will make a significant difference.'

Internet links: GOV.UK guidance GOV.UK press release

Changes to flat-rate VAT in more detail with examples

£20 million SME Brexit Support Fund opens for applications

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

The SME Brexit Support Fund aims to help businesses prepare for the implementation of further import controls which come into force later this year.

Businesses who trade only with the EU and are therefore new to importing and exporting processes will be encouraged to apply for grants of up to £2,000 for each trader to pay for practical support, including training and professional advice, to ensure they can continue trading effectively.

Businesses must meet certain criteria, including having been established in the UK for at least 12 months, having fewer than 500 employees and no more than £100 million in turnover.

The closing date for applications is 30 June. HMRC states that the fund may close for applications earlier if the full £20 million is allocated.

Mike Cherry, National Chairman of the Federation of Small Businesses (FSB), said:

'We have been asking for proper financial assistance of this scale so that a cash-strapped small business can afford to buy-in expertise, training and practical support. The new fund will make a significant difference.'

Internet links: GOV.UK guidance GOV.UK press release

Autumn Statement 2016

£20 million SME Brexit Support Fund opens for applications

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

The SME Brexit Support Fund aims to help businesses prepare for the implementation of further import controls which come into force later this year.

Businesses who trade only with the EU and are therefore new to importing and exporting processes will be encouraged to apply for grants of up to £2,000 for each trader to pay for practical support, including training and professional advice, to ensure they can continue trading effectively.

Businesses must meet certain criteria, including having been established in the UK for at least 12 months, having fewer than 500 employees and no more than £100 million in turnover.

The closing date for applications is 30 June. HMRC states that the fund may close for applications earlier if the full £20 million is allocated.

Mike Cherry, National Chairman of the Federation of Small Businesses (FSB), said:

'We have been asking for proper financial assistance of this scale so that a cash-strapped small business can afford to buy-in expertise, training and practical support. The new fund will make a significant difference.'

Internet links: GOV.UK guidance GOV.UK press release

Tax Fee Protection insurance

£20 million SME Brexit Support Fund opens for applications

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

The SME Brexit Support Fund aims to help businesses prepare for the implementation of further import controls which come into force later this year.

Businesses who trade only with the EU and are therefore new to importing and exporting processes will be encouraged to apply for grants of up to £2,000 for each trader to pay for practical support, including training and professional advice, to ensure they can continue trading effectively.

Businesses must meet certain criteria, including having been established in the UK for at least 12 months, having fewer than 500 employees and no more than £100 million in turnover.

The closing date for applications is 30 June. HMRC states that the fund may close for applications earlier if the full £20 million is allocated.

Mike Cherry, National Chairman of the Federation of Small Businesses (FSB), said:

'We have been asking for proper financial assistance of this scale so that a cash-strapped small business can afford to buy-in expertise, training and practical support. The new fund will make a significant difference.'

Internet links: GOV.UK guidance GOV.UK press release

HMRC cracking down on MVLs (Members Voluntary Liquidations)

£20 million SME Brexit Support Fund opens for applications

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

The SME Brexit Support Fund aims to help businesses prepare for the implementation of further import controls which come into force later this year.

Businesses who trade only with the EU and are therefore new to importing and exporting processes will be encouraged to apply for grants of up to £2,000 for each trader to pay for practical support, including training and professional advice, to ensure they can continue trading effectively.

Businesses must meet certain criteria, including having been established in the UK for at least 12 months, having fewer than 500 employees and no more than £100 million in turnover.

The closing date for applications is 30 June. HMRC states that the fund may close for applications earlier if the full £20 million is allocated.

Mike Cherry, National Chairman of the Federation of Small Businesses (FSB), said:

'We have been asking for proper financial assistance of this scale so that a cash-strapped small business can afford to buy-in expertise, training and practical support. The new fund will make a significant difference.'

Internet links: GOV.UK guidance GOV.UK press release