| answer text |
<p>In total, the Government has made over £80 million available to support businesses
to deal with EU trade after 2020. The fund has now been fully allocated, no further
applications are being accepted and a waiting list is being maintained by the grant
scheme administrator.</p><p> </p><p>The end of the transition period offers new opportunities
to the intermediaries sector and means there are increased demands for the services
of an intermediary, meaning intermediaries will be receiving significant income. Further
Government support with cash flow remains available through the Coronavirus Business
Interruption Loan Scheme (CBILS) and related schemes.</p><p> </p><p>In addition, the
Government recently announced a £20 million SME Brexit Support Fund to support small
and medium sized businesses (SMEs) to adjust to new customs, rules of origin, and
VAT rules when trading with the EU. More information can be found at <a href="https://www.gov.uk/guidance/grants-to-help-small-and-medium-sized-businesses-new-to-importing-or-exporting"
target="_blank">https://www.gov.uk/guidance/grants-to-help-small-and-medium-sized-businesses-new-to-importing-or-exporting</a>.</p>
|
|
