InterTradeIreland has launched a range of enhanced Brexit supports for businesses.

Businesses involved in cross-border trade can now avail of two vouchers from InterTradeIreland. The first provides full financial support up to €2,250 (inclusive of VAT) towards professional advice to help businesses understand what exposure they have in relation to Brexit.

This includes issues such as customs requirements and supply chain exposure, VAT and financial implications, as well as understanding complex tariff codes.

According to InterTradeIreland, demand for Brexit Planning vouchers has increased significantly in recent months, with 30% of all applications since the launch of the voucher in 2017 received in the last quarter.

The second voucher – the new Brexit Implementation voucher -- provides financial support up to €5,625, with InterTradeIreland paying 50%.

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This voucher will allow businesses to implement critical changes identified in the stage one process, making them better prepared to deal with a new trading relationship.

As part of the enhanced support package, InterTradeIreland has also developed an online learning tool designed to help cross-border traders understand customs requirements, in terms of moving goods and services cross-border. The agency described the tool as business-friendly, free and accessible to multiple users within a company.

Business minister Heather Humphreys officially launched InterTradeIreland’s enhanced Brexit supports at a function in Monaghan today (March 5).

“We all know that Brexit has created real commercial and political uncertainty. We can, however, be clear that it’s not too late to start planning for the future, so businesses can be prepared: prepared to speak to, and answer questions from their staff, supply chain and customers; and prepared to build extra resilience into their business,” Minister Humphreys said.

Speaking about the Brexit Advisory Service, Aidan Gough, InterTradeIreland designated officer, said that as the March 29 deadline nears, it’s still not too late to make preparations.

“Through free, impartial, independent and up-to-date Brexit-related advice, alongside funding support, we are focused on helping as many SMEs as possible to prepare for whatever way Brexit ultimately evolves,” Gough added.

Photo: (l-r) Aidan Gough; Minister Heather Humphreys; Margaret Hearty, InterTradeIreland; and Ken Nelson, InterTradeIreland (Pic: John Murphy)