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Government help for businesses preparing for Brexit – Brexit Facts
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Thousands of businesses of all sizes across the UK have been making preparations, and the government has been working closely with them to ensure that they’re ready. 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name="s" id="s" class="search-query"> <input type="submit" id="searchsubmit" value="Search" class="btn"> </div> </form> </div> </div> </div> </header> <main id="content" class="govuk-grid-row" role="main"> <div class="govuk-grid-column-two-thirds main-content"> <article class="govuk-clearfix post-224 post type-post status-publish format-standard hentry category-press-rebuttal"> <div class="visible-print"> <p>https://brexitfacts.blog.gov.uk/2019/09/27/government-help-for-businesses-preparing-for-brexit/</p> </div> <header> <h1 class="govuk-heading-xl">Government help for businesses preparing for Brexit</h1> <div class="govuk-body-s"> <span class="govuk-visually-hidden">Posted by: </span> <a href="https://brexitfacts.blog.gov.uk/author/number-10-communications/" title="Posts by Number 10 Communications" class="author url fn" rel="author">Number 10 Communications</a>, <span class="govuk-visually-hidden">Posted on: </span><time class="updated" datetime="2019-09-27T17:25:49+01:00">27 September 2019</time> - <span class="govuk-visually-hidden">Categories: </span> <a href="https://brexitfacts.blog.gov.uk/category/press-rebuttal/" rel="category tag">Press rebuttal</a></div> </header> <div class="entry-content"> <p><span style="font-weight: 400">We will leave the EU on 31 October. Thousands of businesses of all sizes across the UK have been making preparations, and the government has been working closely with them to ensure that they’re ready.</span></p> <p><strong>Funding for businesses:</strong></p> <ul> <li style="font-weight: 400"><span style="font-weight: 400">We recently announced £108 million of funding to promote and support businesses as they prepare for Brexit and this includes a national programme of business readiness. </span></li> <li style="font-weight: 400"><span style="font-weight: 400">There’s also an additional £10 million ‘Brexit Readiness Fund’ available to business groups and trade associations to help them to help businesses prepare. </span></li> <li style="font-weight: 400"><span style="font-weight: 400">We are directly supporting small and medium-sized businesses (SMEs), making a further £1.3 billion available to lenders in guarantee schemes - via the government-owned British Business Bank. This will help to facilitate lending to viable SMEs, almost 90,000 of whom are already accessing more than £6.6 billion of finance, supported by the British Business Bank.</span></li> <li style="font-weight: 400"><span style="font-weight: 400">This is in tandem with the formation of a new Business Finance Council, made up of senior representatives from the UK’s leading banks and alternative lenders, and co-chaired by the Business Secretary and the Economic Secretary to the Treasury. The council w</span><span style="font-weight: 400">ill identify and address any barriers faced by small and mid-sized businesses in securing the finance and investment they need.</span></li> </ul> <p><strong>Information for businesses:</strong></p> <ul> <li style="font-weight: 400"><span style="font-weight: 400">We launched a high-impact </span><a href="https://www.gov.uk/brexit"><span style="font-weight: 400">public information campaign</span></a><span style="font-weight: 400"> setting out what businesses and the public need to know, and do, to prepare. </span></li> <li style="font-weight: 400"><span style="font-weight: 400">The campaign includes substantial advertising accompanied with targeted road shows and events, directing businesses to GOV.UK to get the information that they need to prepare. There are now ‘how to’ videos and step-by-step guides - so whether you are a small business owner, haulier or EU citizen residing in the UK - the actions you need to take to prepare will be clear and simple.</span></li> <li style="font-weight: 400"><span style="font-weight: 400"> </span><span style="font-weight: 400">Free </span><a href="https://registration.livegroup.co.uk/brexitbusinessreadinessevents/"><span style="font-weight: 400">nationwide government events</span></a><span style="font-weight: 400">, leading up to 31 October, have been launched, offering local businesses tailored advice and support, as well as access to advisers from a range of government departments. </span></li> <li style="font-weight: 400"><span style="font-weight: 400">The Brexit Business Readiness Events will combine keynote addresses from senior government officials, advice stands and in-depth information sessions. Businesses will be able to access advice on issues such as:</span> <ul> <li style="list-style-type: none"> <ul> <li style="font-weight: 400"><span style="font-weight: 400">the importing and exporting of goods</span></li> <li style="font-weight: 400"><span style="font-weight: 400">exporting services</span></li> <li style="font-weight: 400"><span style="font-weight: 400">employing EU citizens</span></li> <li style="font-weight: 400"><span style="font-weight: 400">businesses that transfer data</span></li> <li style="font-weight: 400"><span style="font-weight: 400">the extra support available in the local area.</span></li> </ul> </li> </ul> </li> </ul> <p><strong>Simplifying:</strong></p> <ul> <li style="font-weight: 400"><span style="font-weight: 400">For those businesses that trade with the EU, the government has removed a key administrative burden, by auto-enrolling nearly 90,000 VAT-registered businesses with an essential Economic Operators Registration and Identification (EORI) trading number.</span></li> <li style="font-weight: 400"><span style="font-weight: 400">We created </span><a href="https://www.gov.uk/prepare-import-to-uk-after-brexit"><span style="font-weight: 400">Transitional Simplified Procedures</span></a><span style="font-weight: 400"> (TSP) for businesses importing from the EU. </span></li> <li style="font-weight: 400"><span style="font-weight: 400">We are phasing in </span><span style="font-weight: 400">Entry Summary Declarations for imports from the EU.</span></li> </ul> <p><i><span style="font-weight: 400">For businesses requiring more information, the Get Ready for Brexit campaign website can be found </span></i><a href="https://www.gov.uk/brexit"><i><span style="font-weight: 400">here</span></i></a><i><span style="font-weight: 400"> and details of the nationwide government events can be found </span></i><a href="https://registration.livegroup.co.uk/brexitbusinessreadinessevents/"><i><span style="font-weight: 400">here</span></i></a><i><span style="font-weight: 400">.</span></i></p> <p><span style="font-weight: 400"><br /> </span><span style="font-weight: 400"><br /> </span></p> </div> <div class="footer single"> </div> </article> <nav class="page-numbers-container page-navigation" aria-label="Pagination"> <div class="previous"> <a href="https://brexitfacts.blog.gov.uk/2019/09/18/brexit-medical-supplies/" rel="prev">Brexit: Medical supplies</a> </div> <div class="next"> </div> </nav> <h2 class="govuk-visually-hidden">Sharing and comments</h2> <div class="icons-buttons"> <h3>Share this page</h3> <ul> <li> <a target="_blank" href="https://twitter.com/intent/tweet?original_referer&url=https%3A%2F%2Fbrexitfacts.blog.gov.uk%2F2019%2F09%2F27%2Fgovernment-help-for-businesses-preparing-for-brexit%2F&text=Government+help+for+businesses+preparing+for+Brexit" class="twitter">Twitter</a> </li> <li> <a target="_blank" 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class="textwidget"><p><img loading="lazy" decoding="async" class="alignnone size-medium wp-image-223" src="https://brexitfacts.blog.gov.uk/wp-content/uploads/sites/225/2019/09/Square-Social-Image-IG-310x310.png" alt="Get ready for Brexit" width="310" height="310" srcset="https://brexitfacts.blog.gov.uk/wp-content/uploads/sites/225/2019/09/Square-Social-Image-IG-310x310.png 310w, https://brexitfacts.blog.gov.uk/wp-content/uploads/sites/225/2019/09/Square-Social-Image-IG-150x150.png 150w, https://brexitfacts.blog.gov.uk/wp-content/uploads/sites/225/2019/09/Square-Social-Image-IG-768x768.png 768w, https://brexitfacts.blog.gov.uk/wp-content/uploads/sites/225/2019/09/Square-Social-Image-IG-620x620.png 620w, https://brexitfacts.blog.gov.uk/wp-content/uploads/sites/225/2019/09/Square-Social-Image-IG-375x375.png 375w, https://brexitfacts.blog.gov.uk/wp-content/uploads/sites/225/2019/09/Square-Social-Image-IG.png 1080w" sizes="auto, (max-width: 310px) 100vw, 310px" /></p> <p>The UK will leave the EU on 31 October 2019.</p> <p><a href="https://www.gov.uk/brexit">Answer a few questions to find out how you or your business should prepare</a>.</p> </div> </div></section><section class="widget about_widget"><h3>About this blog</h3><p>This blog offers rebuttal to inaccurate reporting on Brexit ahead of the UK’s departure from the European Union on 31 October.</p> </section><section class="widget feed_email_widget-2 feed_email_widget"><div class="widget-inner"> <h3>Sign up and manage updates</h3> <div class="subscribe icons-buttons"> <ul> <li> <a aria-label="Sign up and manage updates by email" href="/subscribe/" class="email">Email</a> </li> <li> <a aria-label="Use this with a feed reader to subscribe" href="https://brexitfacts.blog.gov.uk/feed/" class="feed">Atom</a> </li> </ul> <div class="govuk-clearfix"></div> </div> </div></section><section class="widget nav_menu-3 widget_nav_menu"><div class="widget-inner"><h3>Follow us</h3><div class="menu-follow-us-container"><ul 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