COVID-19

HMRC is pedalling lightly on some aspects of tax investigations during the current Covid-19 pandemic, but that does not mean that potential tax liabilities have been forgotten.

Experts at Macfarlanes examine the latest pronouncements from HMRC and the OECD on the impact of Covid-19 on company tax residence.

With the coronavirus spreading through Europe, the EU is looking to coordinate and support mitigating measures as much as possible. In some areas such as taxation, the European Commission’s lack of power competencies is evident. In the meantime, the impact of the crisis on non-coronavirus related tax developments remains to be seen.

Details of the European Commission’s temporary arrangement. 

Former HMRC policy adviser Sam Mitha CBE speculates on changes to the tax rules following government support for the self-employed in the wake of the coronavirus crisis.

Heather Self (Blick Rothenberg) considers the government's support for businesses announced to date and what might happen once the immediate crisis is over.

On 26 March 2020, the UK chancellor announced the new self-employed income support scheme to help the self-employed face the economic hardship wrought by the Covid-19 pandemic.

HMRC comes to the rescue.