When the EU exit transition period ends in December 2020, many UK businesses will need to complete customs and other trade administration for the first time.
Businesses can apply for grants to help develop capability in this area, subject to various conditions and limitations. Applications are being handled by PwC and money is available for the following:
- Hiring new staff for customs-related roles
- Training staff for customs-related roles (internal or externa training are both eligible
- Investment in IT
The deadline for application is 31 January 2021.
Note that this is not a wholly new initiative – similar measures have been taken previously – but funding remains available and the time available to take advantage is limited.
More economic news and analysis