Market leading insight for tax experts
View online issue

Payments to Equitable Life policyholders: tax and tax credits

printer Mail

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.