Available GrantsLet's talk about Grants
We know things are tough in market at the moment. So we have found a number of grants and funding available, that might be beneficial to you. Some of our clients have already accessed some of these and they have been successful in attaining funding, so we thought you might a like to hear for what is available in the UK at this present time.
Rate reductions for the last 4 years - this is different from any rebates given by the local councils for this year. This can potentially give you rebates on your rates. is also ongoing reduction in years to come too. This is quite a technical one so best done with a reliable professional. We have just been able to help a client to secure themselves ( through a professional QS service ) a rebate of over £16,000 on one of their smaller offices. The rebate is due in their bank this week. It took less than half a day to complete the required information. This was submitted on their behalf last week!!!
Customs Clearance personnel - there is sizable grants available for each new employee doing customs that you take on and this grant is being used by a lot of our clients. Fairly easy to apply for and the payments are with in 30 days. What will it cover? 3 months initial salary up to £10000 for each new employee and a grant to cover recruitment costs. On top of this there is also further funding available for IT and training.
Kick start scheme - The Government has introduced a new Kickstart Scheme in Great Britain - a £2 billion fund to create hundreds of thousands of high quality 6-month work placements aimed at those aged 16 to 24 who are on Universal Credit and are deemed to be at risk of long term unemployment. Funding available for each job will cover 100% of the relevant National Minimum Wage for 25 hours a week, plus the associated employer National Insurance contributions and employer minimum automatic enrollment contributions.
R & D - this funding is available for research and development for new products or services. Best done with an R & D grant specialist as its quite fiddly and a lot of accountants avoid this altogether. However, it is out there and available. So if you have been developing a new product or service its definitely worth checking out if you can qualify for the grant. Its free to check and if you have been looking into new avenues you could well be eligible for grant funding.
FX - foreign exchange. We have, for some time, been using the various providers for our FX requirements but have just been introduced to a reputable long standing FX company that certainly have saved us a considerable amount of money but also made processes a lot easier. And the service is very good too. Any problems and we can speak to a Director and the response to queries is within minutes. If you would like their detail please do ask.
I hope that you find this interesting and helpful. We wanted to share some of the help that is currently pout there as it isn’t always readily available and we have been working with many clients for years who have benefited from these schemes and thought that it would be good to share.
If you would like any further information on any of these please do not hesitate to ask and as always, if you have any vacancies that you would like assistance with ……..we are here to help.