COVID-19 – this week’s tidbits, 18 May 2020

May 18, 2020

HMRC and the UK Government continue to publish updates on COVID-19 related issues. When using a form or publication going forward or contacting HMRC, check you are using the most recent version or up to date way of contact which may have changed due to the pandemic. 

  • The Financial Secretary to the Treasury announced that the reimbursement of expenses that would be for home office equipment are exempt from tax. The relevant Regulations are to be laid this week, and will have effect for the 2019-20 (from 16 March 2020 only) and 2020-21 tax years
  • The European Commission has proposed a three month delay to the initial reporting deadlines under the EU mandatory disclosure rules (DAC 6). Read our story on this from last week
  • Guidance is available outlining how holiday entitlement and pay operate during the coronavirus pandemic has been published which is designed to help employers understand their legal obligations, in terms of workers who continue to work or have been furloughed 
  • HMRC has updated its guidance on when taxpayers have a reasonable excuse for late filing of returns or late payment of tax to include being affected by coronavirus
  • HMRC has announced it will accept delayed appeals against decisions or penalties dated as far back as February 2020 where the delay is due to the taxpayer or their business being affected by coronavirus
  • Check if you can get a payment deferral or deregister if you are a business with an annual fee due between 1 May and 30 September 2020
  • If you're an employer, find out if you can use the Coronavirus Statutory Sick Pay Rebate Scheme to reclaim employees' coronavirus-related Statutory Sick Pay (SSP)
  • The guidance on choosing how Choose how and when you can delay making your second payment on account for the 2019 to 2020 tax year has been updated
  • Check temporary changes to the time limit and rules for notifying an option to tax land and buildings
  • The government is temporarily relaxing the eligibility criteria for tax-free childcare and 30 hours free childcare to support working parents during the coronavirus pandemic