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The Post Office Compensation Schemes and Victims of Overseas Terrorism Compensation Scheme (Tax Exemptions and Relief) Regulations 2024

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As published

4 Exemptions from capital gains tax for compensation payments

The following compensation payments are qualifying payments for the purposes of paragraph 4 of Schedule 15 to the Finance Act 2020— (a) Group Litigation Order nominated individual compensation payments, (b) Process Review Scheme compensation payments, (c) Suspension Remuneration Review compensation payments, and (d) Victims of Overseas Terrorism Compensation Scheme payments.

Your change, as a redline

4 Exemptions from capital gains tax for compensation payments

The following compensation payments are qualifying payments for the purposes of paragraph 4 of Schedule 15 to the Finance Act 2020— (a) Group Litigation Order nominated individual compensation payments, (b) Process Review Scheme compensation payments, (c) Suspension Remuneration Review compensation payments, and (d) Victims of Overseas Terrorism Compensation Scheme payments.

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Who it helps, what it costs, what it fixes. It is what persuades people to support it.

How this law is officially changed

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