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9th March 2021

Partner Insight: SME Brexit Support Fund – Funding for VAT Training and Advice

With the deluge of VAT questions we’ve been seeing here at Centurion it was great to pick up on the news 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:

“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 walkthrough 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 on Importing and Exporting as well as a session tailored to Retailers and Online Marketplaces trading in and outside the UK.

Becoming the VAT Corporate Partner of Chambers Wales and working with them immediately to deliver VAT training sessions on the Brexit related issues that have arisen will help businesses get access to the VAT expertise they need quickly at this difficult time.

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.

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

To book for the next Centurion VAT and Chambers Wales webinar ‘VAT Issues for Distance sellers and Online Market Places operating in the UK’ click here

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