£16 million funding announced for businesses preparing for ‘No Deal Brexit’
The government has announced new grant funding worth £16m towards helping businesses train staff in making customs declarations and to help businesses that support others to trade goods to invest in IT
Businesses can get funding for the following:
• training that helps your business to complete customs declarations and processes
• IT improvements to help your business complete customs declarations more efficiently
You can use the funding to reimburse what your business has spent on relevant IT improvements and training since 31 July 2019, as well as in the future.
The funding is open to businesses that are established in or have a branch in the UK when the grant is paid to you, and for those that have not previously failed to meet tax obligations.
To apply for the grants, your business must either complete customs declarations for yourself or someone else (or intend to in the future) and you must import from or export to the EU.
Funded training must give you or your employees the skills to:
• complete customs declarations
• carry out customs processes – this can include relevant training in safety and security
• help other businesses with import and export processes
The grant will give you up to 100% of the cost of training for your employees, up to a limit of £2,250 for each course. It will also cover the cost of training you run internally, up to a limit of £250 for each employee on the course.
The grant funding can also be applied to international trade qualifications run by the Institute of Export. It’s simple to apply for the Grant;
- Find a course or qualification that you think works for you
- Register for an account with PwC and apply for a grant here
- Receive a grant offer letter
- Book & pay for the training course or qualification
- Submit claim form through your PwC account with proof of payment
- Your funds will be paid within 30 days of your claim
To find out more information, click here https://www.export.org.uk/page/CustomsGrants
Or contact Sarah Revell, Communications Manager at Troy UK for further information
Posted in Corporate news