Avoid the trap

Laurence Field considers the risk to companies of being fined millions due to inconsistent Covid-19 guidance

It’s not too late for some joined up government thinking in response to Covid-19. Clearer, more coordinated guidance from the relevant authorities around corporation tax filing deadlines could save UK businesses from exposure to fines and penalties. In the meantime, organisations need to stay on top of the requirements and not fall into the trap of assuming that all government agencies are doing the same thing.