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The next phase of the customs grant scheme is now open for applications.

A record £50 million is being invested as part of the measures to accelerate growth of the customs intermediary sector which includes customs brokers, freight forwarders and express parcel operators. 

Broadly, there are three grants available to help businesses complete customs declarations. A business can apply to get funding for:

  • training that helps the business to complete customs declarations and processes;
  • hiring new staff to help the business complete customs declarations; and
  • IT improvements to help the business complete customs declarations more efficiently.

The grant can cover salary costs for new or redeployed staff, up to a limit of £12,000 per person and £3,000 for recruitment costs for new employees. This will help them to recruit new staff and train them ahead of July 2021, when all traders moving goods will have to make declarations.

The grant scheme will continue to offer financial support for training costs to upskill staff and for IT that will allow greater efficiency. The grant for IT will cover expenses for increasing capacity or productivity for customs declarations, customs software, set-up costs, and related hardware.

Who can apply?
Eligible businesses must:

  • have been established in the UK for at least 12 months before the submission of the application and when the grant is paid; and
  • have not previously failed to meet its tax obligations

Also, businesses must meet one of these descriptions:

  • complete or intend to complete customs declarations on behalf of clients;
  • be an importer or exporter and complete or intend to complete declarations internally for its own goods;
  • be an organisation which recruits, trains and places apprentices in businesses to undertake customs declarations.

Grants will be issued on a first come, first served basis. Applications will close on 3 June 2021, or earlier if all funding is allocated. 

Further details about the grant can be found at GOV.uk here.

About the Author

Paul Newbold Image

Paul Newbold

Partner
After qualifying with KPMG where he gained significant audit experience, Paul joined Torgersens in 1991 and became the firm’s audit partner in 2000. Paul employs his broad range of financial skills to provide commercial and accounting advice to a range of owner-managed businesses in the independent retail, education and professional services sectors. He also has extensive experience dealing with charities, Registered Social Landlords and not-for-profit organisations and co-operatives.   Outside of work, Paul likes to visit Eastern France and South-West German and read novels by David Morrell, Michael Blake and Harper Lee. He also likes watching films, his favourite is The Shawshank Redemption.

To get in touch please e-mail paul.newbold@torgersens.com.

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