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Restart grant & Grants for businesses new to importing & exporting

Restart grant & Grants for businesses new to importing & exporting Restart grant & Grants for businesses new to importing & exporting

Please see guidance below on the following two grants being made available:

  • Coronavirus Restart grant
  • Grant to help businesses new to importing or exporting

Coronavirus Restart Grant
The Restart Grant scheme supports businesses in the non-essential retail, hospitality, leisure, personal care and accommodation sectors with a one-off grant, to reopen safely as COVID-19 restrictions are lifted.

Eligibility
Your business may be eligible if it is:
• rate-paying
• in the non-essential retail, hospitality, accommodation, leisure, personal care or gym sectors
• trading on 1 April 2021

What you get
Local councils will use their discretion to determine whether businesses meet the eligibility criteria for this grant scheme. The grant amounts are as follows.
Non-essential retail properties:
• Rateable value of £15,000 or less: a grant of £2,667
• Rateable value over £15,000 and less than £51,000: a grant of £4,000
• Rateable value of £51,000 or above: a grant of £6,000
Hospitality, accommodation, leisure, personal care and gym properties:
• Rateable value of £15,000 or less: a grant of £8,000
• Rateable value over £15,000 and less than £51,000: a grant of £12,000
• Rateable value of £51,000 or above: a grant of £18,000

How to apply
Visit your local council’s website to find out how to apply. Some councils will pay this automatically where you have received the previous lockdown grants, whereas other councils may require an application.

The latest update from Leicester Council is that they will make automatic payments therefore an application will not be necessary. They aim start paying the grants from mid-April and have asked not to be contacted in the meantime. Once the automatic payments have been made, they will open an application process for any other eligible businesses.


Grant to help small and medium-sized businesses new to importing or exporting
The SME Brexit Support Fund could give you up to £2,000 to help with training or professional advice, if your business has up to 500 employees and no more than £100 million annual turnover.

What you’ll be able to use the grant for
You can use the grant 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
It can be used to help you get professional advice so your business can meet its customs, excise, import VAT or safety and security declaration requirements.

Who will be able to apply
Your business must:
be established in the UK
• have been established in the UK for at least 12 months before submitting the application, or currently hold Authorised Economic Operator status
• not have previously failed to meet its tax or customs obligations
• have no more than 500 employees
• have no more than £100 million turnover
• import or export goods between Great Britain and the EU, or moves goods between Great Britain and Northern Ireland
Your business must also either:
• complete (or intend to complete) import or export declarations internally for its own goods
• use someone else to complete import or export declarations but requires additional capability internally to effectively import or export (such as advice on rules of origin or advice on dealing with a supply chain)

How to apply
PricewaterhouseCoopers (PwC) is administering the grants for HMRC.
Applications will close on 30 June 2021 or earlier if all funding is allocated before this date.
Apply online through PwC.

Read 422 times Last modified on Thursday, 01 April 2021 19:04
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