voluntary organisations, social enterprises and volunteering
voluntary organisations, social enterprises and volunteering
voluntary organisations, social enterprises and volunteering
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COVID related grants to business - tax status
Created: 05/12/2021
News/Events Category: General NewsHMRC are reminding people that grants and payments from schemes to support businesses and self-employed individuals during coronavirus (COVID-19) are taxable. They should be declared as taxable income on company tax returns in line with the relevant accounting standards.
To find out more visit Reporting coronavirus (COVID-19) grants and support payments on GOV.UK.
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