HMRC updated guidance: Reporting coronavirus (COVID-19) grants and support payments

Published on: 01 December 2021

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Specialist Tax Regulatory Materials

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HMRC has updated its guidance. A new section (‘Company tax return’) has been added which explains that grants and payments to support businesses during coronavirus (COVID-19) are taxable and need to be declared on company tax returns.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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