COVID-19 Draft Legislation

By Technical Team on 01 Jun 2020

The draft legislation to introduce rules on the taxation of the COVID-19 business support grants, including the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme (SEISS), was published on 29 May 2020 for a short consultation until 12 June.

The legislation also gives HMRC powers to recover payments to which recipients were not entitled, and to charge a penalty in cases of deliberate non-compliance. Please forward any comments you may have on the draft legislation to technical [at] ciot.org.uk as soon as possible.