Football: Taxation

Treasury written question – answered on 16th October 2020.

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Photo of Clive Betts Clive Betts Chair, Housing, Communities and Local Government Committee, Chair, Housing, Communities and Local Government Committee

To ask the Chancellor of the Exchequer, pursuant to the Answer of 28 September 2020 to Question 94333 on Football: taxation, if he will require HMRC to not take action against professional football clubs who find themselves unable to meet their tax obligations as a result of the restrictions imposed as a result of the covid-19 outbreak.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

HMRC continue to speak to individual clubs, sporting bodies and DCMS to ensure they can give support to businesses experiencing difficulty paying their liabilities. Where clubs have been unable to pay in full, Time to Pay (TTP) arrangements have been agreed. For those unable to submit acceptable proposals or make any payments, HMRC continue to maintain a dialogue with them.

In accordance with the moratorium introduced as part of the Corporate Insolvency and Governance Act 2020, along with other creditors, HMRC cannot currently initiate any winding up action against companies. This is in place until 31 December 2020.

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