Policy paper

Exemption from Income Tax and National Insurance contributions: lump sums provided under armed forces early departure scheme

This Tax Information and Impact Note is about armed forces departure scheme tax and National Insurance contributions exemption.

Documents

Exemption from Income Tax and National Insurance contributions: lump sums provided under armed forces early departure scheme

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Details

The measure will extend the current Income Tax exemption for lump sum payments under the Armed Forces Early Departure Payment 2005 (EDP 05) scheme, to include payments made under the new EDP 15 scheme, which has been established under the Armed Forces Early Departure Payments Scheme Regulations 2014.

Published 10 December 2014