The aviation industry, including General Aviation, is in an increasingly difficult financial position with significantly reduced demand.
A number of measures to support the industry have already been announced, including Time to Pay support with taxes, financial support for employees. and the Bank of England’s Covid Corporate Financing Facility (CCFF). The Government is working urgently to develop further measures, as necessary
HMRC is ready to provide guidance and support as appropriate to all businesses and self-employed individuals who are experiencing temporary financial difficulties due to Coronavirus.