Originally written by Timothy Adler on Small Business
Small businesses that only trade with the EU can apply for a £2,000 grant through the Brexit Support Fund for help with importing and exporting.
The government has made £20m available for the Brexit Support Fund to help small businesses with changes to EU trade rules.
The Brexit Support Fund is meant to help Britain’s 6m small businesses cope with new customs, rules of origin, and VAT rules import that come into force from April and July.
>See also: Half of small business exporters struggling with new rules post Brexit
The existing Customs Grant Scheme will administer the Brexit Support Fund, which will open for applications in March.
What the government calls new import controls will come into effect in three stages up to July 1 2021 to allow traders and hauliers adjust to new red tape. More details can be found in the Border Operating Model.
Businesses do not have to complete new import declarations for up to six months, unless they are moving controlled goods.
Michael Gove, the Chancellor of the Duchy of Lancaster, said: “This new targeted funding will see small businesses get more of the practical support they need to adjust to the new processes and