During the coronavirus (COVID-19) pandemic, the UK government announced a series of measures to support individuals and businesses that were adversely affected by the pandemic. A number of these measures involved the receipt of funds directly from government or local government that were not expected to be paid back, ie grants rather than loans. For more details see Part A8.
Finance Act 2020 includes details of the taxation of these coronavirus support payments (CSPs) and HMRC guidance is at BIM40456.
For details of the recovery provisions for CSPs where schemes have been incorrectly used, see B2.210B.
Scope of taxation of coronavirus support payments (CSPs)
CSPs include payments made at any time under the following schemes1:
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•ÌýÌýÌýÌý the coronavirus job retention scheme (CJRS), see Division A8.2
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•ÌýÌýÌýÌý the self-employment income support scheme (SEISS), see A8.101
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•ÌýÌýÌýÌý a 'coronavirus business support grant scheme', which is defined as schemes under which a public authority made grants with the object of supporting businesses affected by coronavirus, examples being the small business
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Web page updated on 17 Mar 2025 16:51