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The deadline for applications for an £8m government initiative to help businesses prepare for the EU exit has been extended to 31 May.
The intention is to allow more businesses to benefit from the investment available and provide more time for applications. The funding will support customs intermediaries and traders completing customs declarations, and can be used to help businesses meet the costs of employee training and IT improvements.
Financial Secretary to the Treasury Mel Stride said: ‘We have already received over 300 applications, and I’d urge businesses to apply as soon as possible to avoid missing out.’
Online applications must be received by 31 May. Businesses can apply for both the training and IT grants. The latter is available only to current customs intermediaries with 250 employees or less and an annual turnover of £50m or less.
