Context
Businesses face significant cash-flow losses due to the coronavirus pandemic, potentially impacting employees' financial stability.
Question
Does the Prime Minister agree that a robust plan is needed to cover cash-flow losses for businesses affected by coronavirus? Will the Treasury consider delaying VAT and PAYE collection?
Answer from The Prime Minister (Boris Johnson)
My hon. Friend is right; we are monitoring the situation and prepared to support individuals, businesses and the economy. Mitigations like HMRC's Time to Pay arrangements exist for firms struggling with payments.
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