The current restrictions on international travel could mean that people inadvertently fall foul of residency rules for tax and find themselves unexpectedly within the UK tax net. In the UK, the statutory residence test which determines whether an individual is UK tax resident largely works on the basis of days spent in or outside the UK.
Employers who furloughed employees in March and early April have been spending time getting up to speed with all the additional government guidance issued. To make claims, employers have been preparing calculations which, for variable-pay employees or those furloughed during part-pay periods, are not necessarily straightforward.
RSM has contacted HMRC’s policy team to ask how some payable research and development (R&D) tax claims will be treated in light of the Government’s support schemes to help businesses cope with the coronavirus outbreak.