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HMRC urges businesses to declare COVID-19 grants on tax returns

News Team, 12/01/2022

HMRC is urging tax agents and accountants to remind their clients that COVID-19 support grants or payments are taxable and should be declared on their company tax returns.

The deadline for firms or agents filing corporate tax returns is 12 months after the end of the accounting period it covers. The deadline to pay Corporation Tax will depend on any taxable profits and when the end of the accounting period occurs.

If companies received t...


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