Payments made under the Equitable Life Payment Scheme are to be free of tax and disregarded for tax credits purposes.
Revenue & Customs Brief 26/11 explains how the scheme will work and the tax and tax credit effects, including reporting requirements.
Details of the scheme are available on HM Treasury’s website.
Payments made under the Equitable Life Payment Scheme are to be free of tax and disregarded for tax credits purposes.
Revenue & Customs Brief 26/11 explains how the scheme will work and the tax and tax credit effects, including reporting requirements.
Details of the scheme are available on HM Treasury’s website.