The government has announced that it is deferring the collection of taxes for those affected by the current foot and mouth outbreak and is operating a helpline for those wanting advice on tax matters.
In a statement released by HMRC earlier today, the Department announced: “HMRC appreciates that some individuals and businesses will find it difficult to meet their tax obligations to us due to the recent foot and mouth outbreak.”
They have also agreed to suspend debt collection proceedings and have offered to provide help and advice in dealing with other practical tax matters arising from the outbreak.
The news will be welcomed by anxious farmers, many of whom are still recovering from the 2001 crisis which cost the UK economy an estimated £8 billion.
Economic Secretary to the Treasury, Kitty Ussher, comments: "We want to offer help to people who are being affected by the outbreak of foot and mouth disease and the restrictions on the movement of livestock.
“Some of them may be facing cash flow difficulties and our new Helpline will be able to offer them fast, practical advice on their tax affairs."
In addition, a new helpline has been set up to enable individuals and businesses affected by the outbreak to get fast, practical help and advice on tax matters.
It is thought that the outbreak should not be a repeat of the 2001 crisis as measures are being put in place to reduce the spread of the disease.
The helpline (0845 366 1207) will be open seven days a week from 8.00am to 8.00pm.
Click here for tax advice