Coronavirus: view the status of our services
We are providing information for residents, businesses, and communities which we will review and update regularly. View the latest updates, advice and guidance.
We are providing information for residents, businesses, and communities which we will review and update regularly. View the latest updates, advice and guidance.
This consultation inviting views on the technical effectiveness of this measure, which ensures that grants within the legislation are subject to tax. These grants are treated as income where the business is within the scope of either Income Tax or Corporation Tax.
It will give HM Revenue and Customs (HMRC) powers to recover payments to which recipients were not entitled to. HMRC will also be able to charge a penalty in cases of deliberate non-compliance. The measure does not legislate for the operation of any of the COVID-19 support schemes.
This consultation from HM Revenue and Customs runs from 29 May until 12 June 2020.