HM Revenue & Customs are continuing their preparations for Brexit & the changes to the way UK businesses trade with the EU that will take place after 31 October.

HM Revenue & Customs have announced £16 million in new government funding to help businesses prepare.

Businesses based in, or with a branch in, the UK can apply for grant funding to assist with:

• training costs for businesses who complete customs declarations, or who intend to in the future
• IT improvements to help businesses complete customs declarations more efficiently.

To ensure maximum impact, the second wave of the grant scheme allows businesses to apply for the full cost of training, within certain limits as set out in the guidance.

HM Revenue & Customs have also published an Economic Operator Registration and Identification (EORI) number mythbuster, which dispels common misconceptions about EORI numbers.