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UK – Establishment of new small and medium-sized businesses

The UK announced that it will allow UK established small and medium sized (SME) businesses, with up to 500 employees and an annual turnover of no more than £100 million, to apply for a SME Brexit Support grant of up to £2,000.

This grant can be used by businesses affected by Brexit and can be used by them to obtain professional advice on meeting customs, excise, import VAT, or safety and security declaration requirements.

The full requirements to obtain the grant can be found here and businesses have up to 30 June 2021 to make an application.

 

The above information was kindly provided by Fiscal Solutions (UK), www.fiscalsolutions.co.uk; contact: contact@fiscalsolutions.co.uk.

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Disclaimer:  The information contained in the present page is general and does not constitute legal advice. Before taking any decision or action on the above information you should take the appropriate professional advice.