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Windrush Compensation Scheme

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The Windrush Compensation Scheme (Expenditure) Act 2020 received royal assent on 8 June 2020. The Act enables payments to be made under the Windrush Compensation Scheme. The scheme was launched on 3 April 2019 and provides compensation for claimants who have suffered loss as a result of being unable to demonstrate a lawful right to stay in the UK. Schedule 14 to Finance Bill 2020 provides that payments from the scheme will be exempt from income tax, CGT and also IHT (subject to one exception).

Issue: 1492
Categories: News