SME Brexit Support Fund – Funding for VAT Training and Advice

15.02.2021

With the deluge of VAT questions we’ve been seeing here at Centurion it was great to pick up on the news today from HMRC that the SME Brexit Support Fund will be open for applications of up to £2000 to help covers costs of getting expert VAT training and professional advice. The note from HMRC and the link to the support fund is below:

“This week the government announced that small and medium-sized businesses (SME's) can get up to £2,000 through the SME Brexit Support Fund to help with training or professional advice. The grants can be used for training on:

  • how to complete customs declarations
  • how to manage customs processes and use customs software and systems
  • specific import and export related aspects including VAT, excise and rules of origin.

The fund will be administered through the existing Customs Grant Scheme and will open for applications next month. Find out more about the support fund on GOV‌.UK.”

Brexit Related VAT Support:

Centurion has a specific Brexit Ready VAT Review process that any organisation can book from our expert VAT team where we undertake a walk through of your supply chain and areas of trade to flag the issues than will create a VAT concern and start to address how to solve them. Alternatively you may choose to use the fund to cover specific VAT advice on the identified issue that your particular business is facing following Brexit.

Brexit Related VAT Training:

Centurion also have VAT specific Training webinars running in February and March on Importing and Exporting as well as a session tailored to Retailers and Online Marketplaces trading in and outside the UK.

This combination of access to funding and expert VAT support could just be the answer to solve your current Brexit related VAT concerns – do get in touch if we can help further. The fund is not yet open at the time of writing but is well worth while keeping an eye on to ensure a prompt application for funding is made in March when it does open.

Centurion VAT – here for when VAT gets complicated – get in touch at emailus@centurionvat.com

For the avoidance of doubt, the content recorded in this news article does not constitute formal advice and we do not guarantee the accuracy of any information provided at the time of reading. It is always recommended that you seek professional advice before acting on any of the news articles or information included.

 


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