Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 21 September 2020 to Question 90033 on Coronavirus Job Retention Scheme, whether a business that repays a furlough grant to which it is entitled is liable for tax upon that grant notwithstanding its voluntary repayment.

A business that repays a furlough grant to which it is entitled is not liable for tax upon that grant. However, the employer will still need to record the grant in their forthcoming tax return.