It is likely that the UK Budget on 11 March 2020 will include various supportive measures for businesses in respect to the coronavirus outbreak, potentially including “time to pay” arrangements for companies struggling to meet tax liabilities as a result of cash-flow issues resulting from the business impact of the outbreak.

Employers should liaise now with their internal or external tax compliance advisers to ensure they are actively monitoring new developments in this area and to put the employer in a position to take advantage of any measures or reliefs as soon as they become available.