£20 million SME Brexit Support Fund opens for applications
The fund will help smaller businesses with changes to trade rules with the EU.
From:
15 March 2021
Smaller businesses can today (15 March 2021) apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the
EU.
The £20 million
SME Brexit Support Fund enables traders to access practical support, including training for new customs, rules of origin and
VAT processes.
HMRC), said:
We recognise that changes to customs rules have been challenging for small and micro businesses, and this is why we are encouraging business owners to apply for support through the
Date Time
Increased support for fishing and shellfish businesses
The Government has announced enhanced financial support for the seafood industry with cash grants for seafood and aquaculture businesses across the UK.
In January, the Government made available £23 million for seafood exporters that suffered a financial loss because of delays related to the export of fresh or live fish and shellfish to the EU during January 2021.
Having listened to concerns from fishing businesses across the UK, Defra will now be expanding the eligibility criteria to target catching and shellfish aquaculture businesses which have been affected by a reduction in demand from the hospitality sector in the UK and abroad, as well as disruption of exports to the EU. These expanded criteria will mean more businesses can get the support they need.
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Donna Fordyce, chief executive of Seafood Scotland, said many companies soon realised they would be ineligible for support. Picture: Alan Richardson
The initial response to the UK government s £23 million support scheme for the seafood sector has been one of disappointment , according to an industry leader in Scotland.
Exporters caught up in the post-Brexit bottleneck were told that from February 9 they could apply for financial aid from the UK-wide Seafood Disruption Support Scheme.
It will provide assistance to businesses that suffered a financial loss because of delays relating to the export of fresh or live fish and shellfish to the European Union in the month after the end of the transition period. The fund will be paid retrospectively to cover losses incurred from January 1-31, 2021.